Call reports 2004
VALLEY EXCHANGE BANK — 2004
What VALLEY EXCHANGE BANK 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 | 55,746,000 | 58,706,000 | 57,145,000 | 59,365,000 |
| Total loans | 29,933,000 | 30,304,000 | 31,538,000 | 32,298,000 |
| Allowance for loan losses | 346,000 | 344,000 | 342,000 | 341,000 |
| Securities available for sale | 5,246,000 | 5,738,000 | 8,494,000 | 5,232,000 |
| Securities held to maturity | 16,078,000 | 19,546,000 | 13,764,000 | 18,476,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,863,000 | 49,931,000 | 48,225,000 | 50,630,000 |
| Interest-bearing deposits | 41,897,000 | 43,985,000 | 42,120,000 | 44,000,000 |
| Noninterest-bearing deposits | 4,966,000 | 5,946,000 | 6,105,000 | 6,630,000 |
| Equity capital | 8,552,000 | 8,596,000 | 8,656,000 | 8,537,000 |
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 | 518,000 | 1,029,000 | 1,581,000 | 2,195,000 |
| Interest expense | 157,000 | 321,000 | 486,000 | 656,000 |
| Net interest income | 361,000 | 708,000 | 1,095,000 | 1,539,000 |
| Noninterest income | 61,000 | 125,000 | 194,000 | 250,000 |
| Noninterest expense | 346,000 | 687,000 | 1,048,000 | 1,414,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 76,000 | 146,000 | 241,000 | 375,000 |
| Income tax | 27,000 | 52,000 | 86,000 | 141,000 |
| Net income | 49,000 | 94,000 | 155,000 | 234,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,527,000 | 8,572,000 | 8,632,000 | 8,512,000 |
| Total capital | 8,873,000 | 8,916,000 | 8,974,000 | 8,853,000 |
| Risk-weighted assets | 29,681,000 | 29,642,000 | 31,128,000 | 31,919,000 |