Call reports 2022
VALLANT BANK — 2022
What VALLANT BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,058,158,000 | 2,039,890,000 | 2,024,223,000 | 2,038,739,000 |
| Total loans | 1,226,187,000 | 1,314,616,000 | 1,390,238,000 | 1,424,284,000 |
| Allowance for loan losses | 14,464,000 | 15,104,000 | 15,911,000 | 17,017,000 |
| Securities available for sale | 411,648,000 | 412,064,000 | 388,694,000 | 390,953,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,866,245,000 | 1,862,108,000 | 1,846,791,000 | 1,860,338,000 |
| Interest-bearing deposits | 1,241,328,000 | 1,214,568,000 | 1,162,371,000 | 1,185,791,000 |
| Noninterest-bearing deposits | 624,917,000 | 647,540,000 | 684,420,000 | 674,547,000 |
| Equity capital | 170,171,000 | 160,383,000 | 149,346,000 | 160,975,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 15,850,000 | 33,189,000 | 52,510,000 | 73,207,000 |
| Interest expense | 251,000 | 488,000 | 736,000 | 1,270,000 |
| Net interest income | 15,599,000 | 32,701,000 | 51,774,000 | 71,937,000 |
| Noninterest income | 4,874,000 | 9,295,000 | 13,524,000 | 17,905,000 |
| Noninterest expense | 13,213,000 | 26,713,000 | 40,573,000 | 55,232,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,625,000 | 3,750,000 |
| Pretax income | 6,510,000 | 13,800,000 | 22,079,000 | 30,430,000 |
| Income tax | 1,363,000 | 2,779,000 | 4,589,000 | 6,458,000 |
| Net income | 5,147,000 | 11,021,000 | 17,490,000 | 23,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,561,000 | 163,657,000 | 170,355,000 | 177,089,000 |
| Total capital | 172,025,000 | 178,761,000 | 186,266,000 | 194,106,000 |
| Risk-weighted assets | 1,423,500,000 | 1,527,085,000 | 1,620,759,000 | 1,645,581,000 |