Call reports 2007
VALLEY EXCHANGE BANK — 2007
What VALLEY EXCHANGE BANK 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 | 52,369,000 | 50,141,000 | 51,295,000 | 53,584,000 |
| Total loans | 31,518,000 | 32,474,000 | 31,699,000 | 30,792,000 |
| Allowance for loan losses | 372,000 | 372,000 | 350,000 | 353,000 |
| Securities available for sale | 2,981,000 | 498,000 | 1,002,000 | 3,009,000 |
| Securities held to maturity | 13,780,000 | 13,791,000 | 13,793,000 | 14,717,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,137,000 | 40,844,000 | 41,664,000 | 44,138,000 |
| Interest-bearing deposits | 36,667,000 | 35,299,000 | 35,880,000 | 37,454,000 |
| Noninterest-bearing deposits | 6,470,000 | 5,545,000 | 5,784,000 | 6,684,000 |
| Equity capital | 8,966,000 | 9,150,000 | 9,330,000 | 9,262,000 |
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 | 856,000 | 1,742,000 | 2,606,000 | 3,468,000 |
| Interest expense | 224,000 | 442,000 | 670,000 | 926,000 |
| Net interest income | 632,000 | 1,300,000 | 1,936,000 | 2,542,000 |
| Noninterest income | 53,000 | 116,000 | 171,000 | 222,000 |
| Noninterest expense | 423,000 | 865,000 | 1,250,000 | 1,646,000 |
| Provision for loan losses | 0 | 0 | 18,000 | 88,000 |
| Pretax income | 262,000 | 551,000 | 835,000 | 1,026,000 |
| Income tax | 93,000 | 197,000 | 303,000 | 368,000 |
| Net income | 169,000 | 354,000 | 532,000 | 658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,950,000 | 9,135,000 | 9,313,000 | 9,203,000 |
| Total capital | 9,322,000 | 9,507,000 | 9,663,000 | 9,556,000 |
| Risk-weighted assets | 31,774,000 | 32,447,000 | 32,014,000 | 31,179,000 |