Call reports 2023
MISSION VALLEY BANK — 2023
What MISSION VALLEY BANK 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 | 544,812,000 | 572,100,000 | 586,667,000 | 653,401,000 |
| Total loans | 427,573,000 | 469,913,000 | 479,270,000 | 518,803,000 |
| Allowance for loan losses | 6,033,000 | 6,144,000 | 6,651,000 | 7,214,000 |
| Securities available for sale | 53,741,000 | 49,459,000 | 46,359,000 | 50,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 447,614,000 | 463,975,000 | 485,872,000 | 524,647,000 |
| Interest-bearing deposits | 219,461,000 | 257,446,000 | 260,885,000 | 336,545,000 |
| Noninterest-bearing deposits | 228,153,000 | 206,529,000 | 224,987,000 | 188,102,000 |
| Equity capital | 53,884,000 | 55,004,000 | 59,386,000 | 60,015,000 |
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 | 7,237,000 | 15,186,000 | 24,135,000 | 33,436,000 |
| Interest expense | 1,222,000 | 3,107,000 | 5,647,000 | 8,839,000 |
| Net interest income | 6,015,000 | 12,079,000 | 18,488,000 | 24,597,000 |
| Noninterest income | 1,587,000 | 3,031,000 | 9,517,000 | 11,203,000 |
| Noninterest expense | 4,769,000 | 9,841,000 | 14,987,000 | 21,403,000 |
| Provision for loan losses | 100,000 | 200,000 | 800,000 | 1,350,000 |
| Pretax income | 2,744,000 | 5,069,000 | 12,196,000 | 12,151,000 |
| Income tax | 794,000 | 1,465,000 | 3,556,000 | 3,482,000 |
| Net income | 1,950,000 | 3,604,000 | 8,640,000 | 8,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,900,000 | 60,554,000 | 65,590,000 | 64,619,000 |
| Total capital | 64,778,000 | 66,772,000 | 72,207,000 | 71,811,000 |
| Risk-weighted assets | 470,042,000 | 514,893,000 | 529,222,000 | 575,270,000 |