Call reports 2015
VALLEY EXCHANGE BANK — 2015
What VALLEY EXCHANGE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 72,694,000 | 71,240,000 | 67,035,000 | 67,451,000 |
| Total loans | 25,783,000 | 26,674,000 | 26,545,000 | 27,221,000 |
| Allowance for loan losses | 309,000 | 309,000 | 256,000 | 253,000 |
| Securities available for sale | 18,054,000 | 17,962,000 | 2,488,000 | 12,000 |
| Securities held to maturity | 277,000 | 276,000 | 15,499,000 | 17,818,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,433,000 | 64,053,000 | 59,517,000 | 60,054,000 |
| Interest-bearing deposits | 54,300,000 | 53,498,000 | 48,741,000 | 49,116,000 |
| Noninterest-bearing deposits | 11,133,000 | 10,555,000 | 10,776,000 | 10,938,000 |
| Equity capital | 7,161,000 | 7,169,000 | 7,435,000 | 7,355,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 468,000 | 937,000 | 1,420,000 | 1,901,000 |
| Interest expense | 49,000 | 98,000 | 145,000 | 191,000 |
| Net interest income | 419,000 | 839,000 | 1,275,000 | 1,710,000 |
| Noninterest income | 51,000 | 97,000 | 148,000 | 196,000 |
| Noninterest expense | 374,000 | 761,000 | 1,123,000 | 1,482,000 |
| Provision for loan losses | 0 | 0 | -50,000 | -50,000 |
| Pretax income | 96,000 | 175,000 | 350,000 | 474,000 |
| Income tax | 53,000 | 63,000 | 116,000 | 171,000 |
| Net income | 43,000 | 112,000 | 234,000 | 303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,275,000 | 7,343,000 | 7,462,000 | 7,382,000 |
| Total capital | 7,588,000 | 7,657,000 | 7,722,000 | 7,640,000 |
| Risk-weighted assets | 31,466,000 | 32,626,000 | 30,727,000 | 31,501,000 |