Call reports 2020
VALLANT BANK — 2020
What VALLANT BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 999,276,000 | 1,490,675,000 | 1,517,350,000 | 1,564,805,000 |
| Total loans | 717,267,000 | 1,034,976,000 | 1,071,340,000 | 1,058,702,000 |
| Allowance for loan losses | 8,014,000 | 9,834,000 | 10,752,000 | 11,557,000 |
| Securities available for sale | 126,152,000 | 137,765,000 | 131,655,000 | 128,988,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 872,332,000 | 1,218,864,000 | 1,242,710,000 | 1,332,837,000 |
| Interest-bearing deposits | 618,746,000 | 829,298,000 | 860,278,000 | 933,084,000 |
| Noninterest-bearing deposits | 253,586,000 | 389,566,000 | 382,432,000 | 399,753,000 |
| Equity capital | 117,770,000 | 150,559,000 | 153,242,000 | 154,877,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,715,000 | 26,173,000 | 39,882,000 | 54,043,000 |
| Interest expense | 732,000 | 1,855,000 | 2,826,000 | 3,606,000 |
| Net interest income | 9,983,000 | 24,318,000 | 37,056,000 | 50,437,000 |
| Noninterest income | 2,849,000 | 6,022,000 | 9,466,000 | 13,106,000 |
| Noninterest expense | 8,239,000 | 19,471,000 | 29,818,000 | 41,120,000 |
| Provision for loan losses | 950,000 | 2,900,000 | 3,950,000 | 5,000,000 |
| Pretax income | 3,653,000 | 8,398,000 | 13,337,000 | 18,972,000 |
| Income tax | 760,000 | 1,786,000 | 2,859,000 | 3,955,000 |
| Net income | 2,893,000 | 6,612,000 | 10,478,000 | 15,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,677,000 | 114,770,000 | 118,317,000 | 121,662,000 |
| Total capital | 103,691,000 | 124,604,000 | 129,069,000 | 133,219,000 |
| Risk-weighted assets | 845,576,000 | 1,073,484,000 | 1,116,200,000 | 1,112,218,000 |