Call reports 2024
VALLEY BANK OF COMMERCE — 2024
What VALLEY BANK OF COMMERCE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 270,520,000 | 261,566,000 | 266,278,000 | 278,640,000 |
| Total loans | 154,837,000 | 151,107,000 | 151,517,000 | 148,061,000 |
| Allowance for loan losses | 2,758,000 | 2,721,000 | 2,562,000 | 2,553,000 |
| Securities available for sale | 10,960,000 | 9,679,000 | 9,414,000 | 3,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,598,000 | 226,324,000 | 228,736,000 | 239,304,000 |
| Interest-bearing deposits | 133,769,000 | 125,171,000 | 128,373,000 | 121,657,000 |
| Noninterest-bearing deposits | 103,829,000 | 101,153,000 | 100,362,000 | 117,647,000 |
| Equity capital | 32,376,000 | 34,721,000 | 37,011,000 | 38,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,353,000 | 10,197,000 | 14,945,000 | 19,823,000 |
| Interest expense | 1,062,000 | 1,909,000 | 2,690,000 | 3,356,000 |
| Net interest income | 4,291,000 | 8,288,000 | 12,255,000 | 16,467,000 |
| Noninterest income | 156,000 | 272,000 | 446,000 | 632,000 |
| Noninterest expense | 1,398,000 | 2,695,000 | 3,907,000 | 5,295,000 |
| Provision for loan losses | 0 | 100,000 | 400,000 | 1,280,000 |
| Pretax income | 3,054,000 | 5,766,000 | 8,400,000 | 10,525,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,054,000 | 5,766,000 | 8,400,000 | 10,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,398,000 | 34,679,000 | 36,947,000 | 38,728,000 |
| Total capital | 34,440,000 | 36,830,000 | 38,968,000 | 40,767,000 |
| Risk-weighted assets | 162,642,000 | 171,515,000 | 161,159,000 | 162,652,000 |