Call reports 2010
FREDONIA VALLEY BANK — 2010
What FREDONIA VALLEY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 68,893,000 | 68,057,000 | 69,786,000 | 69,072,000 |
| Total loans | 45,355,000 | 46,549,000 | 48,925,000 | 49,603,000 |
| Allowance for loan losses | 701,000 | 717,000 | 751,000 | 845,000 |
| Securities available for sale | 13,038,000 | 12,528,000 | 12,459,000 | 11,772,000 |
| Securities held to maturity | 2,138,000 | 2,012,000 | 2,012,000 | 1,847,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,994,000 | 49,446,000 | 50,269,000 | 50,790,000 |
| Interest-bearing deposits | 37,628,000 | 35,832,000 | 35,837,000 | 36,488,000 |
| Noninterest-bearing deposits | 14,366,000 | 13,614,000 | 14,432,000 | 14,302,000 |
| Equity capital | 7,444,000 | 7,740,000 | 8,188,000 | 7,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 923,000 | 1,841,000 | 2,788,000 | 3,739,000 |
| Interest expense | 238,000 | 453,000 | 667,000 | 878,000 |
| Net interest income | 685,000 | 1,388,000 | 2,121,000 | 2,861,000 |
| Noninterest income | 65,000 | 173,000 | 285,000 | 400,000 |
| Noninterest expense | 414,000 | 853,000 | 1,306,000 | 2,002,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 220,000 |
| Pretax income | 306,000 | 648,000 | 1,010,000 | 1,070,000 |
| Income tax | 64,000 | 138,000 | 225,000 | 187,000 |
| Net income | 242,000 | 510,000 | 785,000 | 883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,398,000 | 7,652,000 | 7,926,000 | 8,024,000 |
| Total capital | 7,915,000 | 8,175,000 | 8,473,000 | 8,571,000 |
| Risk-weighted assets | 41,189,000 | 41,611,000 | 43,193,000 | 43,480,000 |