Call reports 2004
FREDONIA VALLEY BANK — 2004
What FREDONIA VALLEY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 71,382,000 | 70,333,000 | 70,789,000 | 69,602,000 |
| Total loans | 33,550,000 | 34,103,000 | 33,866,000 | 33,874,000 |
| Allowance for loan losses | 417,000 | 453,000 | 470,000 | 472,000 |
| Securities available for sale | 15,721,000 | 15,384,000 | 15,189,000 | 20,464,000 |
| Securities held to maturity | 7,096,000 | 6,752,000 | 6,229,000 | 5,847,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,688,000 | 48,260,000 | 48,826,000 | 48,638,000 |
| Interest-bearing deposits | 41,414,000 | 41,152,000 | 40,340,000 | 40,390,000 |
| Noninterest-bearing deposits | 7,274,000 | 7,108,000 | 8,486,000 | 8,248,000 |
| Equity capital | 6,467,000 | 6,281,000 | 6,615,000 | 6,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 861,000 | 1,730,000 | 2,588,000 | 3,466,000 |
| Interest expense | 359,000 | 711,000 | 1,059,000 | 1,400,000 |
| Net interest income | 502,000 | 1,019,000 | 1,529,000 | 2,066,000 |
| Noninterest income | 73,000 | 135,000 | 197,000 | 255,000 |
| Noninterest expense | 331,000 | 662,000 | 983,000 | 1,488,000 |
| Provision for loan losses | 63,000 | 125,000 | 188,000 | 250,000 |
| Pretax income | 209,000 | 397,000 | 601,000 | 634,000 |
| Income tax | 21,000 | 29,000 | 54,000 | 1,000 |
| Net income | 188,000 | 368,000 | 547,000 | 633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,173,000 | 6,327,000 | 6,484,000 | 6,481,000 |
| Total capital | 6,590,000 | 6,780,000 | 6,954,000 | 6,953,000 |
| Risk-weighted assets | 44,702,000 | 45,296,000 | 44,456,000 | 43,874,000 |