Call reports 2005
VALLEY EXCHANGE BANK — 2005
What VALLEY EXCHANGE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 58,312,000 | 57,062,000 | 57,009,000 | 57,182,000 |
| Total loans | 31,870,000 | 32,865,000 | 31,855,000 | 31,323,000 |
| Allowance for loan losses | 335,000 | 336,000 | 336,000 | 356,000 |
| Securities available for sale | 3,988,000 | 4,989,000 | 6,484,000 | 3,988,000 |
| Securities held to maturity | 18,780,000 | 15,798,000 | 13,626,000 | 16,045,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,582,000 | 48,056,000 | 47,723,000 | 47,992,000 |
| Interest-bearing deposits | 43,555,000 | 41,741,000 | 39,905,000 | 41,610,000 |
| Noninterest-bearing deposits | 6,027,000 | 6,315,000 | 7,818,000 | 6,382,000 |
| Equity capital | 8,451,000 | 8,599,000 | 8,768,000 | 8,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 647,000 | 1,350,000 | 2,100,000 | 2,891,000 |
| Interest expense | 175,000 | 354,000 | 545,000 | 742,000 |
| Net interest income | 472,000 | 996,000 | 1,555,000 | 2,149,000 |
| Noninterest income | 55,000 | 117,000 | 181,000 | 243,000 |
| Noninterest expense | 347,000 | 700,000 | 1,061,000 | 1,441,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 180,000 | 413,000 | 675,000 | 931,000 |
| Income tax | 65,000 | 150,000 | 245,000 | 337,000 |
| Net income | 115,000 | 263,000 | 430,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,427,000 | 8,575,000 | 8,742,000 | 8,706,000 |
| Total capital | 8,762,000 | 8,911,000 | 9,078,000 | 9,062,000 |
| Risk-weighted assets | 31,473,000 | 32,404,000 | 31,556,000 | 31,503,000 |