Call reports 2013
FREDONIA VALLEY BANK — 2013
What FREDONIA VALLEY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 72,003,000 | 71,749,000 | 72,874,000 | 76,646,000 |
| Total loans | 51,487,000 | 52,401,000 | 52,862,000 | 51,046,000 |
| Allowance for loan losses | 1,099,000 | 1,167,000 | 1,114,000 | 1,169,000 |
| Securities available for sale | 14,765,000 | 13,624,000 | 14,248,000 | 15,530,000 |
| Securities held to maturity | 220,000 | 170,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,741,000 | 53,962,000 | 56,400,000 | 60,748,000 |
| Interest-bearing deposits | 38,489,000 | 38,203,000 | 40,041,000 | 40,813,000 |
| Noninterest-bearing deposits | 16,252,000 | 15,759,000 | 16,359,000 | 19,935,000 |
| Equity capital | 9,211,000 | 9,000,000 | 9,328,000 | 9,094,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 854,000 | 1,708,000 | 2,567,000 | 3,434,000 |
| Interest expense | 118,000 | 234,000 | 345,000 | 450,000 |
| Net interest income | 736,000 | 1,474,000 | 2,222,000 | 2,984,000 |
| Noninterest income | 98,000 | 188,000 | 285,000 | 405,000 |
| Noninterest expense | 443,000 | 902,000 | 1,380,000 | 2,099,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 331,000 | 666,000 | 973,000 | 1,076,000 |
| Income tax | 59,000 | 113,000 | 149,000 | 258,000 |
| Net income | 272,000 | 553,000 | 824,000 | 818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,969,000 | 9,234,000 | 9,530,000 | 9,422,000 |
| Total capital | 9,528,000 | 9,797,000 | 10,107,000 | 9,993,000 |
| Risk-weighted assets | 44,145,000 | 44,873,000 | 45,618,000 | 45,106,000 |