Call reports 2023
VALLANT BANK — 2023
What VALLANT BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,052,005,000 | 2,043,009,000 | 2,075,714,000 | 2,120,719,000 |
| Total loans | 1,465,816,000 | 1,487,540,000 | 1,521,473,000 | 1,527,747,000 |
| Allowance for loan losses | 17,352,000 | 18,367,000 | 19,293,000 | 20,271,000 |
| Securities available for sale | 399,672,000 | 386,203,000 | 384,580,000 | 391,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,843,862,000 | 1,802,988,000 | 1,837,389,000 | 1,868,048,000 |
| Interest-bearing deposits | 1,177,297,000 | 1,159,597,000 | 1,199,530,000 | 1,255,709,000 |
| Noninterest-bearing deposits | 666,565,000 | 643,391,000 | 637,859,000 | 612,339,000 |
| Equity capital | 169,611,000 | 166,844,000 | 155,282,000 | 180,155,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 21,186,000 | 43,384,000 | 66,683,000 | 91,002,000 |
| Interest expense | 1,097,000 | 4,403,000 | 9,189,000 | 15,212,000 |
| Net interest income | 20,089,000 | 38,981,000 | 57,494,000 | 75,790,000 |
| Noninterest income | 4,495,000 | 8,704,000 | 13,099,000 | 17,742,000 |
| Noninterest expense | 15,459,000 | 31,381,000 | 47,084,000 | 61,548,000 |
| Provision for loan losses | 256,000 | 1,381,000 | 2,506,000 | 3,631,000 |
| Pretax income | 7,592,000 | 13,730,000 | 19,718,000 | 26,418,000 |
| Income tax | 1,654,000 | 2,879,000 | 4,323,000 | 5,819,000 |
| Net income | 5,938,000 | 10,851,000 | 15,395,000 | 20,599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,248,000 | 180,381,000 | 181,397,000 | 187,038,000 |
| Total capital | 197,245,000 | 199,319,000 | 201,262,000 | 207,881,000 |
| Risk-weighted assets | 1,684,194,000 | 1,699,454,000 | 1,731,156,000 | 1,699,323,000 |