Call reports 2021
VALLANT BANK — 2021
What VALLANT BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,607,863,000 | 1,658,645,000 | 1,668,533,000 | 2,008,896,000 |
| Total loans | 1,071,313,000 | 1,073,669,000 | 1,093,905,000 | 1,188,068,000 |
| Allowance for loan losses | 12,146,000 | 12,784,000 | 13,395,000 | 13,894,000 |
| Securities available for sale | 168,440,000 | 206,634,000 | 209,349,000 | 376,130,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,432,153,000 | 1,477,265,000 | 1,483,273,000 | 1,804,166,000 |
| Interest-bearing deposits | 976,907,000 | 988,614,000 | 968,392,000 | 1,221,059,000 |
| Noninterest-bearing deposits | 455,246,000 | 488,651,000 | 514,881,000 | 583,107,000 |
| Equity capital | 157,513,000 | 163,421,000 | 165,802,000 | 187,404,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 14,781,000 | 29,896,000 | 44,836,000 | 61,005,000 |
| Interest expense | 530,000 | 1,009,000 | 1,362,000 | 1,736,000 |
| Net interest income | 14,251,000 | 28,887,000 | 43,474,000 | 59,269,000 |
| Noninterest income | 3,864,000 | 7,688,000 | 11,552,000 | 15,758,000 |
| Noninterest expense | 11,346,000 | 23,081,000 | 34,876,000 | 47,778,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,250,000 | 3,000,000 |
| Pretax income | 6,035,000 | 12,275,000 | 18,181,000 | 24,427,000 |
| Income tax | 1,330,000 | 2,758,000 | 4,068,000 | 5,254,000 |
| Net income | 4,705,000 | 9,517,000 | 14,113,000 | 19,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,448,000 | 131,366,000 | 134,741,000 | 152,222,000 |
| Total capital | 138,594,000 | 144,150,000 | 148,136,000 | 166,116,000 |
| Risk-weighted assets | 1,076,601,000 | 1,160,884,000 | 1,175,361,000 | 1,417,824,000 |