Call reports 2008
FREDONIA VALLEY BANK — 2008
What FREDONIA VALLEY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 67,569,000 | 66,630,000 | 65,683,000 | 69,193,000 |
| Total loans | 38,620,000 | 39,387,000 | 40,901,000 | 41,419,000 |
| Allowance for loan losses | 696,000 | 715,000 | 707,000 | 711,000 |
| Securities available for sale | 15,625,000 | 15,294,000 | 14,995,000 | 14,405,000 |
| Securities held to maturity | 3,693,000 | 3,209,000 | 3,208,000 | 3,186,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,238,000 | 48,691,000 | 47,389,000 | 50,056,000 |
| Interest-bearing deposits | 37,186,000 | 37,278,000 | 37,033,000 | 38,737,000 |
| Noninterest-bearing deposits | 12,052,000 | 11,413,000 | 10,356,000 | 11,319,000 |
| Equity capital | 6,865,000 | 6,689,000 | 6,884,000 | 6,931,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 981,000 | 1,902,000 | 2,896,000 | 3,870,000 |
| Interest expense | 415,000 | 806,000 | 1,183,000 | 1,561,000 |
| Net interest income | 566,000 | 1,096,000 | 1,713,000 | 2,309,000 |
| Noninterest income | 127,000 | 256,000 | 390,000 | 549,000 |
| Noninterest expense | 385,000 | 780,000 | 1,189,000 | 1,821,000 |
| Provision for loan losses | 29,000 | 58,000 | 87,000 | 116,000 |
| Pretax income | 279,000 | 514,000 | 827,000 | 921,000 |
| Income tax | 39,000 | 153,000 | 157,000 | 154,000 |
| Net income | 240,000 | 361,000 | 670,000 | 767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,714,000 | 6,635,000 | 6,944,000 | 6,964,000 |
| Total capital | 7,199,000 | 7,122,000 | 7,438,000 | 7,468,000 |
| Risk-weighted assets | 38,588,000 | 38,728,000 | 39,296,000 | 40,113,000 |