Call reports 2007
VALLEY STATE BANK, THE — 2007
What VALLEY STATE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 39,005,000 | 41,178,000 | 42,236,000 | 43,563,000 |
| Total loans | 28,549,000 | 30,886,000 | 31,659,000 | 32,719,000 |
| Allowance for loan losses | 200,000 | 199,000 | 199,000 | 199,000 |
| Securities available for sale | 6,244,000 | 6,183,000 | 5,772,000 | 5,750,000 |
| Securities held to maturity | 2,460,000 | 2,422,000 | 2,823,000 | 3,172,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,624,000 | 30,672,000 | 29,836,000 | 29,691,000 |
| Interest-bearing deposits | 25,269,000 | 25,875,000 | 25,079,000 | 25,362,000 |
| Noninterest-bearing deposits | 6,354,000 | 4,797,000 | 4,757,000 | 4,329,000 |
| Equity capital | 3,403,000 | 3,469,000 | 3,643,000 | 3,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,462,000 | 2,265,000 | 3,004,000 |
| Interest expense | 306,000 | 638,000 | 1,018,000 | 1,383,000 |
| Net interest income | 365,000 | 824,000 | 1,247,000 | 1,621,000 |
| Noninterest income | 16,000 | 35,000 | 52,000 | 69,000 |
| Noninterest expense | 298,000 | 582,000 | 864,000 | 1,187,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 83,000 | 277,000 | 435,000 | 503,000 |
| Income tax | -7,000 | 12,000 | 19,000 | 21,000 |
| Net income | 90,000 | 265,000 | 416,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,297,000 | 3,430,000 | 3,540,000 | 3,564,000 |
| Total capital | 3,497,000 | 3,629,000 | 3,739,000 | 3,763,000 |
| Risk-weighted assets | 29,988,000 | 32,516,000 | 33,588,000 | 34,248,000 |