Call reports 2002
VALLEY EXCHANGE BANK — 2002
What VALLEY EXCHANGE BANK 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 | 51,535,000 | 50,419,000 | 50,676,000 | 51,776,000 |
| Total loans | 26,329,000 | 28,225,000 | 29,248,000 | 28,317,000 |
| Allowance for loan losses | 354,000 | 351,000 | 352,000 | 353,000 |
| Securities available for sale | 6,989,000 | 3,018,000 | 3,016,000 | 2,261,000 |
| Securities held to maturity | 10,777,000 | 14,878,000 | 14,575,000 | 16,772,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,410,000 | 41,214,000 | 41,372,000 | 42,633,000 |
| Interest-bearing deposits | 37,283,000 | 36,881,000 | 36,851,000 | 37,874,000 |
| Noninterest-bearing deposits | 5,127,000 | 4,333,000 | 4,521,000 | 4,759,000 |
| Equity capital | 8,836,000 | 8,904,000 | 8,969,000 | 8,846,000 |
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 | 628,000 | 1,251,000 | 1,876,000 | 2,471,000 |
| Interest expense | 270,000 | 523,000 | 759,000 | 970,000 |
| Net interest income | 358,000 | 728,000 | 1,117,000 | 1,501,000 |
| Noninterest income | 49,000 | 99,000 | 155,000 | 218,000 |
| Noninterest expense | 335,000 | 668,000 | 1,008,000 | 1,336,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 72,000 | 159,000 | 264,000 | 383,000 |
| Income tax | 29,000 | 57,000 | 95,000 | 137,000 |
| Net income | 43,000 | 102,000 | 169,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,810,000 | 8,873,000 | 8,938,000 | 8,815,000 |
| Total capital | 9,138,000 | 9,217,000 | 9,290,000 | 9,163,000 |
| Risk-weighted assets | 26,227,000 | 27,533,000 | 28,393,000 | 27,832,000 |