Call reports 2022
FREDONIA VALLEY BANK — 2022
What FREDONIA VALLEY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 102,472,000 | 96,311,000 | 95,357,000 | 97,831,000 |
| Total loans | 55,187,000 | 55,727,000 | 57,709,000 | 59,347,000 |
| Allowance for loan losses | 1,081,000 | 1,080,000 | 1,084,000 | 1,045,000 |
| Securities available for sale | 25,593,000 | 24,370,000 | 24,633,000 | 25,248,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,649,000 | 85,414,000 | 85,632,000 | 85,212,000 |
| Interest-bearing deposits | 58,045,000 | 54,351,000 | 54,027,000 | 53,766,000 |
| Noninterest-bearing deposits | 32,604,000 | 31,063,000 | 31,605,000 | 31,446,000 |
| Equity capital | 10,844,000 | 9,883,000 | 8,637,000 | 9,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,159,000 | 1,999,000 | 2,919,000 | 3,886,000 |
| Interest expense | 32,000 | 65,000 | 101,000 | 160,000 |
| Net interest income | 1,127,000 | 1,934,000 | 2,818,000 | 3,726,000 |
| Noninterest income | 36,000 | 141,000 | 222,000 | 338,000 |
| Noninterest expense | 592,000 | 1,199,000 | 1,928,000 | 2,629,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 571,000 | 876,000 | 1,112,000 | 1,435,000 |
| Income tax | 114,000 | 219,000 | 270,000 | 342,000 |
| Net income | 457,000 | 657,000 | 842,000 | 1,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,671,000 | 12,870,000 | 12,924,000 | 13,176,000 |