Call reports 2019
VALLEY EXCHANGE BANK — 2019
What VALLEY EXCHANGE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 66,398,000 | 64,451,000 | 66,782,000 | 67,095,000 |
| Total loans | 21,348,000 | 20,183,000 | 19,339,000 | 19,852,000 |
| Allowance for loan losses | 236,000 | 235,000 | 241,000 | 241,000 |
| Securities available for sale | 4,993,000 | 7,002,000 | 7,007,000 | 7,024,000 |
| Securities held to maturity | 486,000 | 485,000 | 574,000 | 474,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,564,000 | 56,431,000 | 58,562,000 | 58,993,000 |
| Interest-bearing deposits | 44,268,000 | 43,711,000 | 44,189,000 | 44,342,000 |
| Noninterest-bearing deposits | 14,296,000 | 12,720,000 | 14,373,000 | 14,651,000 |
| Equity capital | 7,704,000 | 7,930,000 | 8,040,000 | 7,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 584,000 | 1,228,000 | 1,828,000 | 2,345,000 |
| Interest expense | 53,000 | 108,000 | 170,000 | 234,000 |
| Net interest income | 531,000 | 1,120,000 | 1,658,000 | 2,111,000 |
| Noninterest income | 34,000 | 68,000 | 105,000 | 136,000 |
| Noninterest expense | 348,000 | 722,000 | 1,097,000 | 1,445,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 217,000 | 466,000 | 666,000 | 802,000 |
| Income tax | 51,000 | 69,000 | 165,000 | 208,000 |
| Net income | 166,000 | 397,000 | 501,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,686,000 | 7,918,000 | 8,021,000 | 7,964,000 |
| Total capital | 7,934,000 | 8,153,000 | 8,261,000 | 8,205,000 |
| Risk-weighted assets | 24,908,000 | 23,508,000 | 23,985,000 | 23,952,000 |