Call reports 2014
FREDONIA VALLEY BANK — 2014
What FREDONIA VALLEY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 76,831,000 | 74,172,000 | 75,038,000 | 77,674,000 |
| Total loans | 50,411,000 | 51,050,000 | 51,183,000 | 51,692,000 |
| Allowance for loan losses | 1,180,000 | 1,151,000 | 1,161,000 | 1,273,000 |
| Securities available for sale | 16,529,000 | 16,802,000 | 15,937,000 | 15,390,000 |
| Securities held to maturity | 50,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,684,000 | 55,858,000 | 57,604,000 | 60,688,000 |
| Interest-bearing deposits | 40,705,000 | 39,333,000 | 38,479,000 | 41,667,000 |
| Noninterest-bearing deposits | 20,979,000 | 16,525,000 | 19,125,000 | 19,021,000 |
| Equity capital | 9,245,000 | 9,709,000 | 9,979,000 | 9,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 828,000 | 1,708,000 | 2,549,000 | 3,360,000 |
| Interest expense | 100,000 | 199,000 | 295,000 | 384,000 |
| Net interest income | 728,000 | 1,509,000 | 2,254,000 | 2,976,000 |
| Noninterest income | 106,000 | 192,000 | 310,000 | 411,000 |
| Noninterest expense | 500,000 | 968,000 | 1,460,000 | 2,169,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 290,000 |
| Pretax income | 274,000 | 623,000 | 959,000 | 963,000 |
| Income tax | 66,000 | 124,000 | 190,000 | 222,000 |
| Net income | 208,000 | 499,000 | 769,000 | 741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,427,000 | 9,718,000 | 9,989,000 | 9,881,000 |
| Total capital | 9,996,000 | 10,285,000 | 10,566,000 | 10,463,000 |
| Risk-weighted assets | 44,909,000 | 44,741,000 | 45,567,000 | 45,880,000 |