Call reports 2020
VALLEY EXCHANGE BANK — 2020
What VALLEY EXCHANGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 61,835,000 | 62,322,000 | 64,628,000 | 69,792,000 |
| Total loans | 19,817,000 | 20,662,000 | 20,333,000 | 17,912,000 |
| Allowance for loan losses | 239,000 | 241,000 | 241,000 | 241,000 |
| Securities available for sale | 5,074,000 | 5,028,000 | 5,012,000 | 5,014,000 |
| Securities held to maturity | 473,000 | 473,000 | 327,000 | 167,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,747,000 | 54,271,000 | 56,646,000 | 61,811,000 |
| Interest-bearing deposits | 41,357,000 | 41,862,000 | 43,244,000 | 46,665,000 |
| Noninterest-bearing deposits | 12,390,000 | 12,409,000 | 13,402,000 | 15,146,000 |
| Equity capital | 7,910,000 | 7,927,000 | 7,891,000 | 7,878,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 509,000 | 919,000 | 1,271,000 | 1,570,000 |
| Interest expense | 64,000 | 124,000 | 178,000 | 230,000 |
| Net interest income | 445,000 | 795,000 | 1,093,000 | 1,340,000 |
| Noninterest income | 32,000 | 59,000 | 88,000 | 117,000 |
| Noninterest expense | 384,000 | 746,000 | 1,091,000 | 1,351,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 93,000 | 108,000 | 91,000 | 106,000 |
| Income tax | 28,000 | 18,000 | 32,000 | 21,000 |
| Net income | 65,000 | 90,000 | 59,000 | 85,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,879,000 | 7,927,000 | 7,873,000 | 7,861,000 |
| Total capital | 8,117,000 | 8,167,000 | 8,113,000 | 8,102,000 |
| Risk-weighted assets | 24,041,000 | 24,797,000 | 26,042,000 | 24,523,000 |