Call reports 2023
VALLEY BANK OF COMMERCE — 2023
What VALLEY BANK OF COMMERCE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 329,592,000 | 298,282,000 | 302,120,000 | 323,712,000 |
| Total loans | 141,300,000 | 151,223,000 | 166,378,000 | 157,810,000 |
| Allowance for loan losses | 2,707,000 | 2,707,000 | 2,707,000 | 2,763,000 |
| Securities available for sale | 5,943,000 | 8,776,000 | 8,732,000 | 11,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,688,000 | 268,694,000 | 269,833,000 | 288,574,000 |
| Interest-bearing deposits | 173,816,000 | 168,018,000 | 177,539,000 | 174,332,000 |
| Noninterest-bearing deposits | 128,872,000 | 100,676,000 | 92,294,000 | 114,242,000 |
| Equity capital | 26,385,000 | 28,898,000 | 31,458,000 | 34,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,616,000 | 9,843,000 | 14,983,000 | 20,578,000 |
| Interest expense | 929,000 | 2,042,000 | 3,204,000 | 4,366,000 |
| Net interest income | 3,687,000 | 7,801,000 | 11,779,000 | 16,212,000 |
| Noninterest income | 113,000 | 228,000 | 373,000 | 578,000 |
| Noninterest expense | 1,366,000 | 2,648,000 | 3,825,000 | 4,928,000 |
| Provision for loan losses | 0 | 0 | 0 | 400,000 |
| Pretax income | 2,427,000 | 5,376,000 | 8,320,000 | 11,460,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,427,000 | 5,376,000 | 8,320,000 | 11,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,398,000 | 28,994,000 | 31,545,000 | 34,318,000 |
| Total capital | 28,193,000 | 30,897,000 | 33,635,000 | 36,403,000 |
| Risk-weighted assets | 142,690,000 | 151,397,000 | 166,595,000 | 166,099,000 |