Call reports 2009
VALLEY EXCHANGE BANK — 2009
What VALLEY EXCHANGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 54,883,000 | 57,086,000 | 55,610,000 | 59,148,000 |
| Total loans | 32,578,000 | 33,040,000 | 34,434,000 | 34,402,000 |
| Allowance for loan losses | 227,000 | 257,000 | 248,000 | 256,000 |
| Securities available for sale | 4,034,000 | 7,016,000 | 6,004,000 | 9,496,000 |
| Securities held to maturity | 11,155,000 | 11,214,000 | 9,705,000 | 7,804,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,749,000 | 48,033,000 | 46,600,000 | 50,271,000 |
| Interest-bearing deposits | 38,605,000 | 39,467,000 | 39,298,000 | 41,505,000 |
| Noninterest-bearing deposits | 7,144,000 | 8,566,000 | 7,302,000 | 8,766,000 |
| Equity capital | 9,046,000 | 8,874,000 | 8,918,000 | 8,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 598,000 | 1,150,000 | 1,730,000 | 2,299,000 |
| Interest expense | 165,000 | 321,000 | 479,000 | 632,000 |
| Net interest income | 433,000 | 829,000 | 1,251,000 | 1,667,000 |
| Noninterest income | 51,000 | 106,000 | 166,000 | 223,000 |
| Noninterest expense | 381,000 | 778,000 | 1,181,000 | 1,625,000 |
| Provision for loan losses | 0 | 234,000 | 264,000 | 277,000 |
| Pretax income | 103,000 | -77,000 | -28,000 | -12,000 |
| Income tax | 35,000 | 16,000 | 12,000 | -9,000 |
| Net income | 68,000 | -93,000 | -40,000 | -3,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,984,000 | 8,815,000 | 8,863,000 | 8,676,000 |
| Total capital | 9,211,000 | 9,072,000 | 9,111,000 | 8,932,000 |
| Risk-weighted assets | 32,858,000 | 33,686,000 | 35,136,000 | 35,786,000 |