Call reports 2004
VALLEY BANK NATIONAL ASSOCIATION — 2004
What VALLEY BANK NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,942,000 | 70,476,000 | 68,543,000 | 69,771,000 |
| Total loans | 40,774,000 | 41,667,000 | 41,987,000 | 43,942,000 |
| Allowance for loan losses | 1,163,000 | 1,114,000 | 515,000 | 1,120,000 |
| Securities available for sale | 13,992,000 | 17,312,000 | 16,901,000 | 16,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,404,000 | 62,270,000 | 59,900,000 | 61,578,000 |
| Interest-bearing deposits | 50,945,000 | 52,216,000 | 49,432,000 | 50,316,000 |
| Noninterest-bearing deposits | 10,459,000 | 10,054,000 | 10,468,000 | 11,262,000 |
| Equity capital | 8,427,000 | 8,103,000 | 8,522,000 | 8,070,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 736,000 | 1,504,000 | 2,322,000 | 3,243,000 |
| Interest expense | 161,000 | 318,000 | 475,000 | 628,000 |
| Net interest income | 575,000 | 1,186,000 | 1,847,000 | 2,615,000 |
| Noninterest income | 211,000 | 371,000 | 606,000 | 801,000 |
| Noninterest expense | 746,000 | 1,409,000 | 2,160,000 | 2,907,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 40,000 | 148,000 | 293,000 | 509,000 |
| Income tax | 1,000 | 5,000 | 11,000 | 19,000 |
| Net income | 39,000 | 143,000 | 282,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,356,000 | 8,458,000 | 8,597,000 | 8,205,000 |
| Total capital | 8,994,000 | 9,113,000 | 9,112,000 | 8,893,000 |
| Risk-weighted assets | 50,549,000 | 51,910,000 | 52,514,000 | 54,672,000 |