Call reports 2016
VALLEY EXCHANGE BANK — 2016
What VALLEY EXCHANGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 69,475,000 | 70,180,000 | 68,442,000 | 68,613,000 |
| Total loans | 25,674,000 | 25,400,000 | 25,075,000 | 24,900,000 |
| Allowance for loan losses | 254,000 | 199,000 | 198,000 | 198,000 |
| Securities available for sale | 15,000 | 14,000 | 2,015,000 | 2,018,000 |
| Securities held to maturity | 11,435,000 | 8,439,000 | 736,000 | 735,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,110,000 | 62,854,000 | 61,036,000 | 61,243,000 |
| Interest-bearing deposits | 51,314,000 | 52,056,000 | 49,631,000 | 48,622,000 |
| Noninterest-bearing deposits | 10,796,000 | 10,798,000 | 11,405,000 | 12,621,000 |
| Equity capital | 7,293,000 | 7,304,000 | 7,331,000 | 7,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 465,000 | 897,000 | 1,309,000 | 1,713,000 |
| Interest expense | 46,000 | 95,000 | 143,000 | 192,000 |
| Net interest income | 419,000 | 802,000 | 1,166,000 | 1,521,000 |
| Noninterest income | 50,000 | 95,000 | 136,000 | 177,000 |
| Noninterest expense | 366,000 | 729,000 | 1,122,000 | 1,424,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 103,000 | 118,000 | 130,000 | 224,000 |
| Income tax | 34,000 | 41,000 | 43,000 | 69,000 |
| Net income | 69,000 | 77,000 | 87,000 | 155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,296,000 | 7,304,000 | 7,304,000 | 7,303,000 |
| Total capital | 7,556,000 | 7,508,000 | 7,508,000 | 7,510,000 |
| Risk-weighted assets | 30,303,000 | 29,420,000 | 28,036,000 | 27,792,000 |