Call reports 2007
VALLEY BANK NATIONAL ASSOCIATION — 2007
What VALLEY BANK NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 73,810,000 | 71,556,000 | 74,213,000 | 75,500,000 |
| Total loans | 48,078,000 | 49,841,000 | 52,083,000 | 49,458,000 |
| Allowance for loan losses | 655,000 | 641,000 | 639,000 | 697,000 |
| Securities available for sale | 12,640,000 | 13,611,000 | 13,204,000 | 12,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,994,000 | 59,705,000 | 62,168,000 | 63,371,000 |
| Interest-bearing deposits | 52,258,000 | 50,568,000 | 37,476,000 | 36,635,000 |
| Noninterest-bearing deposits | 9,736,000 | 9,137,000 | 24,692,000 | 26,736,000 |
| Equity capital | 7,611,000 | 7,586,000 | 7,743,000 | 7,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,159,000 | 2,334,000 | 3,539,000 | 4,765,000 |
| Interest expense | 376,000 | 808,000 | 1,233,000 | 1,634,000 |
| Net interest income | 783,000 | 1,526,000 | 2,306,000 | 3,131,000 |
| Noninterest income | 165,000 | 337,000 | 512,000 | 696,000 |
| Noninterest expense | 673,000 | 1,423,000 | 2,120,000 | 2,876,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 275,000 | 440,000 | 698,000 | 951,000 |
| Income tax | 26,000 | 33,000 | 42,000 | 51,000 |
| Net income | 249,000 | 407,000 | 656,000 | 900,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,870,000 | 7,869,000 | 7,893,000 | 7,911,000 |
| Total capital | 8,525,000 | 8,510,000 | 8,532,000 | 8,608,000 |
| Risk-weighted assets | 55,589,000 | 55,503,000 | 57,903,000 | 56,759,000 |