Call reports 2022
VALLEY BANK OF COMMERCE — 2022
What VALLEY BANK OF COMMERCE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 246,491,000 | 280,791,000 | 294,597,000 | 326,318,000 |
| Total loans | 111,193,000 | 119,409,000 | 126,529,000 | 133,882,000 |
| Allowance for loan losses | 2,707,000 | 2,707,000 | 2,707,000 | 2,633,000 |
| Securities available for sale | 997,000 | 986,000 | 967,000 | 5,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,541,000 | 258,095,000 | 270,229,000 | 298,808,000 |
| Interest-bearing deposits | 112,650,000 | 125,544,000 | 127,097,000 | 113,727,000 |
| Noninterest-bearing deposits | 111,891,000 | 132,551,000 | 143,132,000 | 185,081,000 |
| Equity capital | 21,734,000 | 22,447,000 | 24,016,000 | 26,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,703,000 | 3,711,000 | 6,584,000 | 10,854,000 |
| Interest expense | 64,000 | 136,000 | 208,000 | 312,000 |
| Net interest income | 1,639,000 | 3,575,000 | 6,376,000 | 10,542,000 |
| Noninterest income | 216,000 | 370,000 | 490,000 | 600,000 |
| Noninterest expense | 982,000 | 1,958,000 | 3,114,000 | 4,370,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 876,000 | 1,987,000 | 3,754,000 | 6,782,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 876,000 | 1,987,000 | 3,754,000 | 6,782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,744,000 | 22,467,000 | 24,054,000 | 26,876,000 |
| Total capital | 23,224,000 | 24,019,000 | 25,689,000 | 28,587,000 |
| Risk-weighted assets | 117,178,000 | 123,027,000 | 129,755,000 | 135,973,000 |