Call reports 2024
MISSION VALLEY BANK — 2024
What MISSION VALLEY BANK 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 | 670,909,000 | 644,686,000 | 667,699,000 | 676,792,000 |
| Total loans | 551,705,000 | 521,862,000 | 536,817,000 | 547,796,000 |
| Allowance for loan losses | 7,435,000 | 7,447,000 | 7,269,000 | 8,099,000 |
| Securities available for sale | 48,874,000 | 47,241,000 | 47,599,000 | 45,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,883,000 | 507,439,000 | 547,830,000 | 551,536,000 |
| Interest-bearing deposits | 342,118,000 | 314,935,000 | 347,286,000 | 357,467,000 |
| Noninterest-bearing deposits | 204,765,000 | 192,504,000 | 200,544,000 | 194,069,000 |
| Equity capital | 60,934,000 | 63,709,000 | 65,962,000 | 66,702,000 |
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 | 10,669,000 | 21,355,000 | 32,182,000 | 43,338,000 |
| Interest expense | 3,840,000 | 7,790,000 | 11,599,000 | 15,499,000 |
| Net interest income | 6,829,000 | 13,565,000 | 20,583,000 | 27,839,000 |
| Noninterest income | 1,834,000 | 4,054,000 | 5,452,000 | 7,575,000 |
| Noninterest expense | 5,627,000 | 11,494,000 | 17,748,000 | 23,881,000 |
| Provision for loan losses | 200,000 | 200,000 | 162,000 | 962,000 |
| Pretax income | 2,829,000 | 5,915,000 | 8,063,000 | 9,987,000 |
| Income tax | 820,000 | 1,714,000 | 2,329,000 | 2,878,000 |
| Net income | 2,009,000 | 4,201,000 | 5,734,000 | 7,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,628,000 | 68,320,000 | 69,409,000 | 70,784,000 |
| Total capital | 73,137,000 | 75,754,000 | 76,790,000 | 78,663,000 |
| Risk-weighted assets | 611,276,000 | 594,596,000 | 606,989,000 | 629,901,000 |