Call reports 2024
VALLANT BANK — 2024
What VALLANT BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,174,160,000 | 2,157,152,000 | 2,130,759,000 | 2,191,749,000 |
| Total loans | 1,517,313,000 | 1,528,263,000 | 1,521,640,000 | 1,562,854,000 |
| Allowance for loan losses | 20,561,000 | 20,759,000 | 20,439,000 | 20,282,000 |
| Securities available for sale | 382,981,000 | 378,340,000 | 380,693,000 | 366,274,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,918,210,000 | 1,929,660,000 | 1,888,466,000 | 1,977,773,000 |
| Interest-bearing deposits | 1,317,796,000 | 1,336,681,000 | 1,292,489,000 | 1,384,700,000 |
| Noninterest-bearing deposits | 600,414,000 | 592,979,000 | 595,977,000 | 593,073,000 |
| Equity capital | 180,057,000 | 182,244,000 | 197,327,000 | 192,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 25,169,000 | 51,363,000 | 77,797,000 | 104,772,000 |
| Interest expense | 6,563,000 | 13,606,000 | 20,937,000 | 27,860,000 |
| Net interest income | 18,606,000 | 37,757,000 | 56,860,000 | 76,912,000 |
| Noninterest income | 4,356,000 | 9,072,000 | 16,256,000 | 22,715,000 |
| Noninterest expense | 15,370,000 | 31,343,000 | 48,101,000 | 64,844,000 |
| Provision for loan losses | 450,000 | 900,000 | 900,000 | 900,000 |
| Pretax income | 7,085,000 | 14,539,000 | 24,143,000 | 33,848,000 |
| Income tax | 1,550,000 | 3,193,000 | 5,325,000 | 7,599,000 |
| Net income | 5,535,000 | 11,346,000 | 18,818,000 | 26,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 190,001,000 | 193,219,000 | 198,097,000 | 202,337,000 |
| Total capital | 211,075,000 | 214,363,000 | 219,108,000 | 223,190,000 |
| Risk-weighted assets | 1,685,855,000 | 1,691,298,000 | 1,690,528,000 | 1,731,955,000 |