Call reports 2014
VALLEY STATE BANK — 2014
What VALLEY STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 126,738,000 | 128,223,000 | 125,933,000 | 124,316,000 |
| Total loans | 48,464,000 | 50,395,000 | 50,306,000 | 50,786,000 |
| Allowance for loan losses | 987,000 | 972,000 | 981,000 | 1,001,000 |
| Securities available for sale | 65,513,000 | 69,561,000 | 66,681,000 | 67,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,723,000 | 109,780,000 | 107,222,000 | 105,361,000 |
| Interest-bearing deposits | 95,878,000 | 95,488,000 | 92,541,000 | 91,275,000 |
| Noninterest-bearing deposits | 12,845,000 | 14,292,000 | 14,681,000 | 14,086,000 |
| Equity capital | 17,772,000 | 18,223,000 | 18,452,000 | 18,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 882,000 | 1,776,000 | 2,708,000 | 3,645,000 |
| Interest expense | 162,000 | 297,000 | 429,000 | 549,000 |
| Net interest income | 720,000 | 1,479,000 | 2,279,000 | 3,096,000 |
| Noninterest income | 58,000 | 110,000 | 162,000 | 210,000 |
| Noninterest expense | 550,000 | 1,123,000 | 1,696,000 | 2,313,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 40,000 |
| Pretax income | 229,000 | 467,000 | 736,000 | 957,000 |
| Income tax | 54,000 | 109,000 | 175,000 | 236,000 |
| Net income | 175,000 | 358,000 | 561,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,921,000 | 18,105,000 | 18,309,000 | 18,468,000 |
| Total capital | 18,776,000 | 18,930,000 | 19,138,000 | 19,268,000 |
| Risk-weighted assets | 68,267,000 | 66,885,000 | 67,173,000 | 63,760,000 |