Call reports 2002
VALLEY BANK NATIONAL ASSOCIATION — 2002
What VALLEY BANK NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 69,238,000 | 66,789,000 | 67,611,000 | 69,292,000 |
| Total loans | 51,681,000 | 50,034,000 | 51,375,000 | 49,283,000 |
| Allowance for loan losses | 893,000 | 1,350,000 | 1,345,000 | 1,344,000 |
| Securities available for sale | 5,136,000 | 6,037,000 | 8,062,000 | 5,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,260,000 | 59,015,000 | 59,620,000 | 61,079,000 |
| Interest-bearing deposits | 53,107,000 | 50,837,000 | 50,138,000 | 49,883,000 |
| Noninterest-bearing deposits | 8,153,000 | 8,178,000 | 9,482,000 | 11,196,000 |
| Equity capital | 7,738,000 | 7,592,000 | 7,815,000 | 8,015,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,946,000 | 3,034,000 | 4,008,000 |
| Interest expense | 378,000 | 714,000 | 1,037,000 | 1,321,000 |
| Net interest income | 431,000 | 1,232,000 | 1,997,000 | 2,687,000 |
| Noninterest income | 182,000 | 360,000 | 581,000 | 863,000 |
| Noninterest expense | 696,000 | 1,469,000 | 2,230,000 | 2,995,000 |
| Provision for loan losses | 66,000 | 531,000 | 531,000 | 531,000 |
| Pretax income | -149,000 | -408,000 | -183,000 | 24,000 |
| Income tax | 3,000 | -9,000 | -9,000 | -4,000 |
| Net income | -152,000 | -399,000 | -174,000 | 28,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,784,000 | 7,537,000 | 7,762,000 | 7,963,000 |
| Total capital | 8,587,000 | 8,235,000 | 8,468,000 | 8,670,000 |
| Risk-weighted assets | 64,087,000 | 54,422,000 | 55,636,000 | 56,577,000 |