Call reports 2015
FREDONIA VALLEY BANK — 2015
What FREDONIA VALLEY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 75,964,000 | 75,949,000 | 75,549,000 | 79,152,000 |
| Total loans | 50,936,000 | 51,411,000 | 50,824,000 | 50,867,000 |
| Allowance for loan losses | 1,309,000 | 1,387,000 | 1,444,000 | 1,463,000 |
| Securities available for sale | 16,105,000 | 15,727,000 | 15,723,000 | 15,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,864,000 | 60,396,000 | 59,263,000 | 64,009,000 |
| Interest-bearing deposits | 41,462,000 | 40,635,000 | 39,830,000 | 41,186,000 |
| Noninterest-bearing deposits | 19,402,000 | 19,761,000 | 19,433,000 | 22,823,000 |
| Equity capital | 10,347,000 | 10,383,000 | 10,852,000 | 10,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 857,000 | 1,701,000 | 2,647,000 | 3,561,000 |
| Interest expense | 87,000 | 168,000 | 247,000 | 318,000 |
| Net interest income | 770,000 | 1,533,000 | 2,400,000 | 3,243,000 |
| Noninterest income | 104,000 | 188,000 | 275,000 | 447,000 |
| Noninterest expense | 496,000 | 976,000 | 1,467,000 | 2,203,000 |
| Provision for loan losses | 60,000 | 120,000 | 160,000 | 190,000 |
| Pretax income | 320,000 | 627,000 | 1,050,000 | 1,299,000 |
| Income tax | 64,000 | 120,000 | 200,000 | 340,000 |
| Net income | 256,000 | 507,000 | 850,000 | 959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,137,000 | 10,372,000 | 10,714,000 | 10,824,000 |
| Total capital | 10,724,000 | 10,966,000 | 11,310,000 | 11,433,000 |
| Risk-weighted assets | 46,280,000 | 46,751,000 | 46,896,000 | 47,913,000 |