Call reports 2013
FIRST VALLEY BANK — 2013
What FIRST VALLEY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 51,707,000 | 52,062,000 | 52,456,000 | 52,331,000 |
| Total loans | 37,577,000 | 36,901,000 | 35,119,000 | 34,811,000 |
| Allowance for loan losses | 425,000 | 425,000 | 425,000 | 372,000 |
| Securities available for sale | 416,000 | 396,000 | 396,000 | 388,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,932,000 | 47,166,000 | 47,592,000 | 47,305,000 |
| Interest-bearing deposits | 39,695,000 | 39,331,000 | 38,251,000 | 38,284,000 |
| Noninterest-bearing deposits | 7,237,000 | 7,835,000 | 9,340,000 | 9,022,000 |
| Equity capital | 4,650,000 | 4,782,000 | 4,750,000 | 4,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 567,000 | 1,161,000 | 1,698,000 | 2,218,000 |
| Interest expense | 118,000 | 235,000 | 350,000 | 458,000 |
| Net interest income | 449,000 | 926,000 | 1,348,000 | 1,760,000 |
| Noninterest income | 28,000 | 61,000 | 91,000 | 121,000 |
| Noninterest expense | 252,000 | 520,000 | 909,000 | 1,170,000 |
| Provision for loan losses | 0 | 0 | 0 | -50,000 |
| Pretax income | 225,000 | 467,000 | 530,000 | 761,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 225,000 | 467,000 | 530,000 | 761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,637,000 | 4,789,000 | 4,757,000 | 4,962,000 |
| Total capital | 5,062,000 | 5,214,000 | 5,180,000 | 5,334,000 |
| Risk-weighted assets | 36,092,000 | 35,729,000 | 33,814,000 | 34,194,000 |