Call reports 2023
VALLEY EXCHANGE BANK — 2023
What VALLEY EXCHANGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 73,546,000 | 68,646,000 |
| Total loans | 10,792,000 | 11,023,000 |
| Allowance for loan losses | 108,000 | 109,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 23,688,000 | 16,928,000 |
| Trading assets | 0 | 0 |
| Total deposits | 65,233,000 | 60,056,000 |
| Interest-bearing deposits | 45,892,000 | 40,832,000 |
| Noninterest-bearing deposits | 19,341,000 | 19,224,000 |
| Equity capital | 8,218,000 | 8,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Interest income | 877,000 | 1,819,000 |
| Interest expense | 31,000 | 77,000 |
| Net interest income | 846,000 | 1,742,000 |
| Noninterest income | 31,000 | 64,000 |
| Noninterest expense | 427,000 | 977,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 450,000 | 840,000 |
| Income tax | 61,000 | 250,000 |
| Net income | 389,000 | 590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 8,179,000 | 8,379,000 |
| Total capital | 8,287,000 | 8,488,000 |
| Risk-weighted assets | 15,297,000 | 18,336,000 |