Call reports 2018
FREDONIA VALLEY BANK — 2018
What FREDONIA VALLEY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 80,556,000 | 80,007,000 | 79,868,000 | 86,423,000 |
| Total loans | 53,126,000 | 54,156,000 | 55,725,000 | 56,528,000 |
| Allowance for loan losses | 1,038,000 | 1,146,000 | 1,233,000 | 1,210,000 |
| Securities available for sale | 15,106,000 | 15,402,000 | 15,062,000 | 15,234,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,759,000 | 62,853,000 | 61,338,000 | 69,002,000 |
| Interest-bearing deposits | 41,040,000 | 39,211,000 | 38,781,000 | 42,758,000 |
| Noninterest-bearing deposits | 22,719,000 | 23,642,000 | 22,557,000 | 26,244,000 |
| Equity capital | 12,423,000 | 12,709,000 | 12,904,000 | 13,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 848,000 | 1,793,000 | 2,714,000 | 3,645,000 |
| Interest expense | 58,000 | 118,000 | 179,000 | 241,000 |
| Net interest income | 790,000 | 1,675,000 | 2,535,000 | 3,404,000 |
| Noninterest income | 139,000 | 262,000 | 390,000 | 516,000 |
| Noninterest expense | 541,000 | 1,122,000 | 1,713,000 | 2,412,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | 360,000 | 757,000 | 1,134,000 | 1,420,000 |
| Income tax | 108,000 | 227,000 | 306,000 | 226,000 |
| Net income | 252,000 | 530,000 | 828,000 | 1,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,803,000 | 13,081,000 | 13,378,000 | 13,745,000 |
| Total capital | 13,444,000 | 13,726,000 | 14,036,000 | 14,427,000 |
| Risk-weighted assets | 50,891,000 | 51,157,000 | 52,081,000 | 54,060,000 |