Call reports 2008
FIRST VALLEY BANK — 2008
What FIRST VALLEY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 44,372,000 | 45,878,000 | 47,277,000 | 47,047,000 |
| Total loans | 37,872,000 | 39,293,000 | 41,519,000 | 41,754,000 |
| Allowance for loan losses | 361,000 | 367,000 | 367,000 | 362,000 |
| Securities available for sale | 311,000 | 305,000 | 306,000 | 309,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,985,000 | 39,211,000 | 40,656,000 | 40,482,000 |
| Interest-bearing deposits | 33,348,000 | 32,943,000 | 33,330,000 | 34,607,000 |
| Noninterest-bearing deposits | 5,636,000 | 6,268,000 | 7,326,000 | 5,874,000 |
| Equity capital | 3,549,000 | 3,637,000 | 3,743,000 | 3,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 717,000 | 1,417,000 | 2,147,000 | 2,865,000 |
| Interest expense | 318,000 | 621,000 | 934,000 | 1,249,000 |
| Net interest income | 399,000 | 796,000 | 1,213,000 | 1,616,000 |
| Noninterest income | 37,000 | 77,000 | 115,000 | 155,000 |
| Noninterest expense | 234,000 | 493,000 | 742,000 | 1,053,000 |
| Provision for loan losses | 6,000 | 12,000 | 12,000 | 12,000 |
| Pretax income | 196,000 | 368,000 | 574,000 | 706,000 |
| Income tax | 0 | 0 | 0 | 7,000 |
| Net income | 196,000 | 368,000 | 574,000 | 699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,543,000 | 3,636,000 | 3,741,000 | 3,797,000 |
| Total capital | 3,904,000 | 4,003,000 | 4,108,000 | 4,159,000 |
| Risk-weighted assets | 38,305,000 | 39,475,000 | 42,330,000 | 42,340,000 |