Call reports 2006
VALLEY STATE BANK — 2006
What VALLEY STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 128,366,000 | 121,328,000 | 117,124,000 | 117,636,000 |
| Total loans | 49,491,000 | 50,000,000 | 49,556,000 | 49,903,000 |
| Allowance for loan losses | 395,000 | 436,000 | 460,000 | 486,000 |
| Securities available for sale | 65,568,000 | 63,006,000 | 61,500,000 | 55,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,356,000 | 107,942,000 | 101,365,000 | 102,862,000 |
| Interest-bearing deposits | 107,988,000 | 101,327,000 | 95,641,000 | 97,660,000 |
| Noninterest-bearing deposits | 6,368,000 | 6,615,000 | 5,724,000 | 5,202,000 |
| Equity capital | 13,477,000 | 12,985,000 | 13,736,000 | 14,232,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,658,000 | 3,349,000 | 4,982,000 | 6,635,000 |
| Interest expense | 1,028,000 | 2,065,000 | 3,094,000 | 4,123,000 |
| Net interest income | 630,000 | 1,284,000 | 1,888,000 | 2,512,000 |
| Noninterest income | 62,000 | 122,000 | 175,000 | 243,000 |
| Noninterest expense | 479,000 | 980,000 | 1,524,000 | 1,983,000 |
| Provision for loan losses | 30,000 | 59,000 | 90,000 | 120,000 |
| Pretax income | 183,000 | 367,000 | 450,000 | 651,000 |
| Income tax | 34,000 | 69,000 | 84,000 | 111,000 |
| Net income | 149,000 | 298,000 | 366,000 | 540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,441,000 | 14,587,000 | 14,658,000 | 14,936,000 |
| Total capital | 14,836,000 | 15,023,000 | 15,118,000 | 15,422,000 |
| Risk-weighted assets | 68,247,000 | 67,392,000 | 66,476,000 | 65,761,000 |