Call reports 2010
VALLEY EXCHANGE BANK — 2010
What VALLEY EXCHANGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 58,903,000 | 61,286,000 | 60,853,000 | 60,218,000 |
| Total loans | 33,367,000 | 33,326,000 | 34,327,000 | 33,045,000 |
| Allowance for loan losses | 253,000 | 280,000 | 333,000 | 345,000 |
| Securities available for sale | 10,497,000 | 12,995,000 | 9,997,000 | 8,994,000 |
| Securities held to maturity | 9,265,000 | 6,974,000 | 6,963,000 | 9,704,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,240,000 | 52,644,000 | 52,215,000 | 52,029,000 |
| Interest-bearing deposits | 42,393,000 | 44,874,000 | 43,711,000 | 43,342,000 |
| Noninterest-bearing deposits | 7,847,000 | 7,770,000 | 8,504,000 | 8,687,000 |
| Equity capital | 8,531,000 | 8,485,000 | 8,405,000 | 7,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 497,000 | 994,000 | 1,478,000 | 2,002,000 |
| Interest expense | 144,000 | 285,000 | 427,000 | 559,000 |
| Net interest income | 353,000 | 709,000 | 1,051,000 | 1,443,000 |
| Noninterest income | 54,000 | 108,000 | 165,000 | 217,000 |
| Noninterest expense | 408,000 | 816,000 | 1,241,000 | 1,799,000 |
| Provision for loan losses | 0 | 47,000 | 100,000 | 390,000 |
| Pretax income | -1,000 | -46,000 | -125,000 | -529,000 |
| Income tax | -2,000 | 0 | 0 | -169,000 |
| Net income | 1,000 | -46,000 | -125,000 | -360,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,466,000 | 8,420,000 | 8,340,000 | 7,892,000 |
| Total capital | 8,719,000 | 8,700,000 | 8,673,000 | 8,237,000 |
| Risk-weighted assets | 34,264,000 | 34,545,000 | 35,072,000 | 33,567,000 |