Call reports 2008
VALLANT BANK — 2008
What VALLANT BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 550,527,000 | 571,987,000 | 580,090,000 | 581,284,000 |
| Total loans | 396,502,000 | 417,283,000 | 420,987,000 | 426,987,000 |
| Allowance for loan losses | 4,469,000 | 3,501,000 | 3,674,000 | 4,004,000 |
| Securities available for sale | 94,835,000 | 91,096,000 | 93,923,000 | 96,169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 435,333,000 | 456,236,000 | 460,280,000 | 463,978,000 |
| Interest-bearing deposits | 357,848,000 | 374,080,000 | 384,113,000 | 394,934,000 |
| Noninterest-bearing deposits | 77,485,000 | 82,156,000 | 76,167,000 | 69,044,000 |
| Equity capital | 67,841,000 | 66,536,000 | 65,163,000 | 66,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,936,000 | 17,755,000 | 26,491,000 | 34,960,000 |
| Interest expense | 3,300,000 | 6,297,000 | 9,224,000 | 12,025,000 |
| Net interest income | 5,636,000 | 11,458,000 | 17,267,000 | 22,935,000 |
| Noninterest income | 1,460,000 | 3,163,000 | 4,743,000 | 6,459,000 |
| Noninterest expense | 4,475,000 | 9,193,000 | 13,912,000 | 18,888,000 |
| Provision for loan losses | 291,000 | 583,000 | 1,186,000 | 1,899,000 |
| Pretax income | 2,330,000 | 4,845,000 | 6,912,000 | 8,607,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,330,000 | 4,845,000 | 6,912,000 | 8,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,685,000 | 56,497,000 | 56,906,000 | 56,475,000 |
| Total capital | 60,154,000 | 59,998,000 | 60,580,000 | 60,479,000 |
| Risk-weighted assets | 452,710,000 | 491,491,000 | 487,368,000 | 481,575,000 |