Call reports 2018
VALLEY EXCHANGE BANK — 2018
What VALLEY EXCHANGE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 68,821,000 | 64,326,000 | 63,186,000 | 67,676,000 |
| Total loans | 23,006,000 | 22,084,000 | 23,205,000 | 22,862,000 |
| Allowance for loan losses | 228,000 | 227,000 | 226,000 | 226,000 |
| Securities available for sale | 2,034,000 | 2,028,000 | 2,024,000 | 2,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 98,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,400,000 | 56,743,000 | 55,406,000 | 59,885,000 |
| Interest-bearing deposits | 47,431,000 | 43,687,000 | 43,106,000 | 44,654,000 |
| Noninterest-bearing deposits | 13,969,000 | 13,056,000 | 12,300,000 | 15,231,000 |
| Equity capital | 7,361,000 | 7,494,000 | 7,641,000 | 7,684,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 499,000 | 1,047,000 | 1,602,000 | 2,195,000 |
| Interest expense | 44,000 | 88,000 | 134,000 | 183,000 |
| Net interest income | 455,000 | 959,000 | 1,468,000 | 2,012,000 |
| Noninterest income | 35,000 | 67,000 | 102,000 | 137,000 |
| Noninterest expense | 334,000 | 685,000 | 1,007,000 | 1,347,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 156,000 | 341,000 | 563,000 | 802,000 |
| Income tax | 48,000 | 100,000 | 170,000 | 215,000 |
| Net income | 108,000 | 241,000 | 393,000 | 587,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,340,000 | 7,473,000 | 7,626,000 | 7,670,000 |
| Total capital | 7,568,000 | 7,715,000 | 7,864,000 | 7,906,000 |
| Risk-weighted assets | 24,813,000 | 23,299,000 | 24,749,000 | 26,046,000 |