Call reports 2008
VALLEY GREEN BANK — 2008
What VALLEY GREEN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 76,609,000 | 104,495,000 | 94,856,000 | 89,621,000 |
| Total loans | 40,720,000 | 53,982,000 | 61,337,000 | 64,086,000 |
| Allowance for loan losses | 489,000 | 576,000 | 694,000 | 1,200,000 |
| Securities available for sale | 1,018,000 | 1,010,000 | 1,003,000 | 0 |
| Securities held to maturity | 29,994,000 | 39,998,000 | 24,978,000 | 15,559,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,260,000 | 55,327,000 | 59,712,000 | 70,035,000 |
| Interest-bearing deposits | 44,369,000 | 46,458,000 | 48,121,000 | 53,701,000 |
| Noninterest-bearing deposits | 7,891,000 | 8,869,000 | 11,591,000 | 16,334,000 |
| Equity capital | 9,504,000 | 9,205,000 | 8,819,000 | 9,225,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,780,000 | 2,828,000 | 3,888,000 |
| Interest expense | 345,000 | 690,000 | 991,000 | 1,304,000 |
| Net interest income | 518,000 | 1,090,000 | 1,837,000 | 2,584,000 |
| Noninterest income | 61,000 | 138,000 | 198,000 | 265,000 |
| Noninterest expense | 821,000 | 1,674,000 | 2,527,000 | 3,555,000 |
| Provision for loan losses | 39,000 | 126,000 | 458,000 | 965,000 |
| Pretax income | -281,000 | -572,000 | -950,000 | -1,671,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -281,000 | -572,000 | -950,000 | -1,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,486,000 | 9,195,000 | 8,816,000 | 9,225,000 |
| Total capital | 9,975,000 | 9,771,000 | 9,510,000 | 10,025,000 |
| Risk-weighted assets | 47,576,000 | 60,019,000 | 66,708,000 | 63,602,000 |