Call reports 2011
VALLEY EXCHANGE BANK — 2011
What VALLEY EXCHANGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 62,436,000 | 63,092,000 | 61,771,000 | 62,936,000 |
| Total loans | 32,017,000 | 30,967,000 | 31,903,000 | 31,256,000 |
| Allowance for loan losses | 580,000 | 595,000 | 595,000 | 595,000 |
| Securities available for sale | 7,494,000 | 7,998,000 | 9,000,000 | 7,000,000 |
| Securities held to maturity | 10,596,000 | 7,885,000 | 4,874,000 | 3,903,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,479,000 | 55,042,000 | 53,735,000 | 55,140,000 |
| Interest-bearing deposits | 46,147,000 | 46,801,000 | 45,441,000 | 45,469,000 |
| Noninterest-bearing deposits | 8,332,000 | 8,241,000 | 8,294,000 | 9,671,000 |
| Equity capital | 7,799,000 | 7,811,000 | 7,858,000 | 7,672,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 466,000 | 933,000 | 1,413,000 | 1,888,000 |
| Interest expense | 119,000 | 231,000 | 326,000 | 414,000 |
| Net interest income | 347,000 | 702,000 | 1,087,000 | 1,474,000 |
| Noninterest income | 115,000 | 164,000 | 214,000 | 258,000 |
| Noninterest expense | 393,000 | 786,000 | 1,183,000 | 1,563,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 80,000 | 118,000 | 169,000 |
| Income tax | 21,000 | 21,000 | 12,000 | 38,000 |
| Net income | 48,000 | 59,000 | 106,000 | 131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,731,000 | 7,742,000 | 7,758,000 | 7,671,000 |
| Total capital | 8,141,000 | 8,138,000 | 8,163,000 | 8,080,000 |
| Risk-weighted assets | 32,638,000 | 31,455,000 | 32,237,000 | 32,561,000 |