Call reports 2014
VALLEY EXCHANGE BANK — 2014
What VALLEY EXCHANGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 69,436,000 | 68,600,000 | 69,681,000 | 69,937,000 |
| Total loans | 26,361,000 | 27,267,000 | 28,017,000 | 27,691,000 |
| Allowance for loan losses | 370,000 | 370,000 | 317,000 | 309,000 |
| Securities available for sale | 17,401,000 | 17,689,000 | 17,664,000 | 17,876,000 |
| Securities held to maturity | 1,056,000 | 1,175,000 | 519,000 | 518,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,628,000 | 61,566,000 | 62,511,000 | 62,758,000 |
| Interest-bearing deposits | 51,396,000 | 51,384,000 | 51,896,000 | 51,907,000 |
| Noninterest-bearing deposits | 11,232,000 | 10,182,000 | 10,615,000 | 10,851,000 |
| Equity capital | 6,729,000 | 6,992,000 | 7,083,000 | 7,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 481,000 | 952,000 | 1,448,000 | 1,942,000 |
| Interest expense | 53,000 | 106,000 | 157,000 | 208,000 |
| Net interest income | 428,000 | 846,000 | 1,291,000 | 1,734,000 |
| Noninterest income | 53,000 | 106,000 | 152,000 | 205,000 |
| Noninterest expense | 371,000 | 726,000 | 1,100,000 | 1,462,000 |
| Provision for loan losses | 0 | 0 | -50,000 | -50,000 |
| Pretax income | 110,000 | 226,000 | 393,000 | 527,000 |
| Income tax | 33,000 | 76,000 | 136,000 | 192,000 |
| Net income | 77,000 | 150,000 | 257,000 | 335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,985,000 | 7,159,000 | 7,258,000 | 7,281,000 |
| Total capital | 7,355,000 | 7,529,000 | 7,575,000 | 7,590,000 |
| Risk-weighted assets | 31,951,000 | 32,293,000 | 33,112,000 | 32,594,000 |