Call reports 2017
VALLEY EXCHANGE BANK — 2017
What VALLEY EXCHANGE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 68,778,000 | 67,740,000 | 66,220,000 | 68,596,000 |
| Total loans | 22,803,000 | 24,188,000 | 24,755,000 | 24,239,000 |
| Allowance for loan losses | 188,000 | 170,000 | 227,000 | 227,000 |
| Securities available for sale | 2,020,000 | 2,025,000 | 2,030,000 | 2,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,458,000 | 60,352,000 | 58,712,000 | 61,177,000 |
| Interest-bearing deposits | 48,766,000 | 48,639,000 | 46,698,000 | 47,482,000 |
| Noninterest-bearing deposits | 12,692,000 | 11,713,000 | 12,014,000 | 13,695,000 |
| Equity capital | 7,264,000 | 7,344,000 | 7,402,000 | 7,351,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 428,000 | 873,000 | 1,343,000 | 1,840,000 |
| Interest expense | 49,000 | 94,000 | 139,000 | 184,000 |
| Net interest income | 379,000 | 779,000 | 1,204,000 | 1,656,000 |
| Noninterest income | 41,000 | 78,000 | 119,000 | 153,000 |
| Noninterest expense | 321,000 | 653,000 | 960,000 | 1,346,000 |
| Provision for loan losses | 0 | 0 | 58,000 | 58,000 |
| Pretax income | 99,000 | 204,000 | 305,000 | 405,000 |
| Income tax | 38,000 | 77,000 | 126,000 | 175,000 |
| Net income | 61,000 | 127,000 | 179,000 | 230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,263,000 | 7,329,000 | 7,384,000 | 7,333,000 |
| Total capital | 7,460,000 | 7,510,000 | 7,624,000 | 7,573,000 |
| Risk-weighted assets | 24,805,000 | 26,282,000 | 26,531,000 | 25,977,000 |