Call reports 2010
VALLEY STATE BANK — 2010
What VALLEY STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 106,975,000 | 109,040,000 | 109,138,000 | 108,723,000 |
| Total loans | 54,364,000 | 52,675,000 | 49,930,000 | 48,487,000 |
| Allowance for loan losses | 940,000 | 971,000 | 999,000 | 935,000 |
| Securities available for sale | 42,168,000 | 43,808,000 | 45,874,000 | 46,699,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,267,000 | 91,880,000 | 91,681,000 | 91,821,000 |
| Interest-bearing deposits | 82,988,000 | 84,067,000 | 84,363,000 | 85,812,000 |
| Noninterest-bearing deposits | 7,279,000 | 7,813,000 | 7,318,000 | 6,009,000 |
| Equity capital | 16,323,000 | 16,594,000 | 16,814,000 | 16,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,064,000 | 2,129,000 | 3,156,000 | 4,164,000 |
| Interest expense | 384,000 | 749,000 | 1,112,000 | 1,468,000 |
| Net interest income | 680,000 | 1,380,000 | 2,044,000 | 2,696,000 |
| Noninterest income | 85,000 | 164,000 | 254,000 | 341,000 |
| Noninterest expense | 552,000 | 1,124,000 | 1,699,000 | 2,174,000 |
| Provision for loan losses | 90,000 | 160,000 | 190,000 | 220,000 |
| Pretax income | 127,000 | 265,000 | 415,000 | 649,000 |
| Income tax | 17,000 | 38,000 | 69,000 | 139,000 |
| Net income | 110,000 | 227,000 | 346,000 | 510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,985,000 | 15,994,000 | 16,111,000 | 16,275,000 |
| Total capital | 16,749,000 | 16,748,000 | 16,836,000 | 16,985,000 |
| Risk-weighted assets | 60,930,000 | 60,136,000 | 57,739,000 | 56,542,000 |