Call reports 2017
FREDONIA VALLEY BANK — 2017
What FREDONIA VALLEY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 78,229,000 | 79,476,000 | 79,231,000 | 80,264,000 |
| Total loans | 53,105,000 | 53,831,000 | 54,309,000 | 54,655,000 |
| Allowance for loan losses | 1,133,000 | 1,152,000 | 1,142,000 | 1,181,000 |
| Securities available for sale | 14,816,000 | 15,540,000 | 15,080,000 | 14,820,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,429,000 | 62,005,000 | 60,457,000 | 63,409,000 |
| Interest-bearing deposits | 41,912,000 | 40,656,000 | 39,235,000 | 40,053,000 |
| Noninterest-bearing deposits | 21,517,000 | 21,349,000 | 21,222,000 | 23,356,000 |
| Equity capital | 11,812,000 | 12,211,000 | 12,507,000 | 12,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,716,000 | 2,654,000 | 3,538,000 |
| Interest expense | 56,000 | 115,000 | 182,000 | 241,000 |
| Net interest income | 800,000 | 1,601,000 | 2,472,000 | 3,297,000 |
| Noninterest income | 114,000 | 207,000 | 316,000 | 428,000 |
| Noninterest expense | 517,000 | 1,054,000 | 1,575,000 | 2,275,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 370,000 | 697,000 | 1,126,000 | 1,328,000 |
| Income tax | 85,000 | 174,000 | 281,000 | 443,000 |
| Net income | 285,000 | 523,000 | 845,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,951,000 | 12,189,000 | 12,510,000 | 12,551,000 |
| Total capital | 12,592,000 | 12,843,000 | 13,162,000 | 13,203,000 |
| Risk-weighted assets | 50,812,000 | 51,876,000 | 51,673,000 | 51,640,000 |