Call reports 2004
VALLEY STATE BANK — 2004
What VALLEY STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 115,697,000 | 113,315,000 | 118,549,000 | 117,629,000 |
| Total loans | 48,980,000 | 48,618,000 | 49,872,000 | 48,695,000 |
| Allowance for loan losses | 583,000 | 738,000 | 741,000 | 416,000 |
| Securities available for sale | 61,689,000 | 59,269,000 | 60,537,000 | 62,608,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,862,000 | 100,365,000 | 104,086,000 | 103,305,000 |
| Interest-bearing deposits | 95,866,000 | 95,541,000 | 99,713,000 | 97,557,000 |
| Noninterest-bearing deposits | 4,996,000 | 4,824,000 | 4,373,000 | 5,749,000 |
| Equity capital | 13,768,000 | 12,635,000 | 13,955,000 | 13,930,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,444,000 | 2,894,000 | 4,337,000 | 5,825,000 |
| Interest expense | 597,000 | 1,196,000 | 1,822,000 | 2,484,000 |
| Net interest income | 847,000 | 1,698,000 | 2,515,000 | 3,341,000 |
| Noninterest income | 55,000 | 107,000 | 156,000 | 200,000 |
| Noninterest expense | 397,000 | 805,000 | 1,218,000 | 1,671,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 60,000 |
| Pretax income | 517,000 | 1,100,000 | 1,591,000 | 1,997,000 |
| Income tax | 119,000 | 251,000 | 361,000 | 581,000 |
| Net income | 398,000 | 849,000 | 1,230,000 | 1,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,828,000 | 13,278,000 | 13,660,000 | 13,846,000 |
| Total capital | 13,411,000 | 14,016,000 | 14,401,000 | 14,262,000 |
| Risk-weighted assets | 67,376,000 | 67,561,000 | 67,660,000 | 67,047,000 |