Call reports 2021
VALLEY BANK OF COMMERCE — 2021
What VALLEY BANK OF COMMERCE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 204,447,000 | 203,513,000 | 227,130,000 | 236,533,000 |
| Total loans | 101,212,000 | 99,967,000 | 105,375,000 | 101,278,000 |
| Allowance for loan losses | 3,001,000 | 3,301,000 | 3,601,000 | 2,614,000 |
| Securities available for sale | 251,000 | 251,000 | 250,000 | 250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,648,000 | 183,314,000 | 206,434,000 | 214,321,000 |
| Interest-bearing deposits | 100,010,000 | 98,306,000 | 110,626,000 | 106,211,000 |
| Noninterest-bearing deposits | 84,638,000 | 85,008,000 | 95,808,000 | 108,110,000 |
| Equity capital | 19,532,000 | 19,941,000 | 20,445,000 | 21,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,641,000 | 3,238,000 | 4,843,000 | 6,578,000 |
| Interest expense | 62,000 | 125,000 | 191,000 | 257,000 |
| Net interest income | 1,579,000 | 3,113,000 | 4,652,000 | 6,321,000 |
| Noninterest income | 144,000 | 297,000 | 554,000 | 828,000 |
| Noninterest expense | 775,000 | 1,577,000 | 2,376,000 | 3,338,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 250,000 |
| Pretax income | 648,000 | 1,233,000 | 1,940,000 | 3,575,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 648,000 | 1,233,000 | 1,940,000 | 3,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,532,000 | 19,941,000 | 20,445,000 | 21,904,000 |
| Total capital | 20,807,000 | 21,198,000 | 21,720,000 | 23,229,000 |
| Risk-weighted assets | 100,283,000 | 98,554,000 | 99,702,000 | 104,698,000 |