Call reports 2011
FREDONIA VALLEY BANK — 2011
What FREDONIA VALLEY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 69,095,000 | 68,528,000 | 72,677,000 | 74,009,000 |
| Total loans | 49,688,000 | 49,776,000 | 49,865,000 | 49,547,000 |
| Allowance for loan losses | 857,000 | 902,000 | 944,000 | 985,000 |
| Securities available for sale | 11,543,000 | 10,999,000 | 10,937,000 | 13,185,000 |
| Securities held to maturity | 1,586,000 | 1,281,000 | 1,281,000 | 1,200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,370,000 | 49,294,000 | 52,964,000 | 55,999,000 |
| Interest-bearing deposits | 36,603,000 | 35,653,000 | 37,289,000 | 39,704,000 |
| Noninterest-bearing deposits | 13,767,000 | 13,641,000 | 15,675,000 | 16,295,000 |
| Equity capital | 8,227,000 | 8,461,000 | 8,750,000 | 8,708,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 913,000 | 1,802,000 | 2,724,000 | 3,590,000 |
| Interest expense | 186,000 | 366,000 | 540,000 | 713,000 |
| Net interest income | 727,000 | 1,436,000 | 2,184,000 | 2,877,000 |
| Noninterest income | 149,000 | 228,000 | 344,000 | 411,000 |
| Noninterest expense | 438,000 | 901,000 | 1,343,000 | 2,016,000 |
| Provision for loan losses | 45,000 | 100,000 | 160,000 | 270,000 |
| Pretax income | 421,000 | 697,000 | 1,059,000 | 1,036,000 |
| Income tax | 103,000 | 171,000 | 279,000 | 203,000 |
| Net income | 318,000 | 526,000 | 780,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,192,000 | 8,375,000 | 8,539,000 | 8,511,000 |
| Total capital | 8,734,000 | 8,908,000 | 9,093,000 | 9,060,000 |
| Risk-weighted assets | 43,073,000 | 42,759,000 | 43,666,000 | 43,523,000 |