Call reports 2001
VALLEY BANK NATIONAL ASSOCIATION — 2001
What VALLEY BANK NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 64,150,000 | 65,961,000 | 68,986,000 | 70,371,000 |
| Total loans | 47,442,000 | 48,624,000 | 49,169,000 | 51,133,000 |
| Allowance for loan losses | 850,000 | 850,000 | 841,000 | 826,000 |
| Securities available for sale | 4,580,000 | 5,123,000 | 4,617,000 | 6,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,236,000 | 57,876,000 | 60,760,000 | 62,191,000 |
| Interest-bearing deposits | 48,340,000 | 50,184,000 | 53,070,000 | 53,358,000 |
| Noninterest-bearing deposits | 7,896,000 | 7,692,000 | 7,690,000 | 8,833,000 |
| Equity capital | 7,595,000 | 7,801,000 | 7,916,000 | 7,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,317,000 | 2,523,000 | 3,630,000 | 4,632,000 |
| Interest expense | 520,000 | 1,065,000 | 1,596,000 | 2,035,000 |
| Net interest income | 797,000 | 1,458,000 | 2,034,000 | 2,597,000 |
| Noninterest income | 155,000 | 358,000 | 557,000 | 784,000 |
| Noninterest expense | 646,000 | 1,319,000 | 1,992,000 | 2,706,000 |
| Provision for loan losses | 371,000 | 371,000 | 371,000 | 371,000 |
| Pretax income | -65,000 | 126,000 | 228,000 | 304,000 |
| Income tax | 10,000 | 10,000 | 20,000 | 20,000 |
| Net income | -75,000 | 116,000 | 208,000 | 284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,575,000 | 7,766,000 | 7,858,000 | 7,936,000 |
| Total capital | 8,231,000 | 8,413,000 | 8,519,000 | 8,622,000 |
| Risk-weighted assets | 52,280,000 | 51,590,000 | 52,670,000 | 54,695,000 |