Call reports 2016
VALLEY STATE BANK — 2016
What VALLEY STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 124,198,000 | 124,833,000 | 124,377,000 | 121,785,000 |
| Total loans | 49,989,000 | 49,757,000 | 49,264,000 | 49,615,000 |
| Allowance for loan losses | 970,000 | 989,000 | 989,000 | 990,000 |
| Securities available for sale | 63,163,000 | 63,881,000 | 63,555,000 | 64,363,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,874,000 | 104,382,000 | 103,796,000 | 101,821,000 |
| Interest-bearing deposits | 90,798,000 | 88,580,000 | 86,818,000 | 88,330,000 |
| Noninterest-bearing deposits | 13,076,000 | 15,802,000 | 16,978,000 | 13,491,000 |
| Equity capital | 19,689,000 | 20,024,000 | 20,151,000 | 19,831,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 897,000 | 1,824,000 | 2,731,000 | 3,704,000 |
| Interest expense | 105,000 | 210,000 | 315,000 | 424,000 |
| Net interest income | 792,000 | 1,614,000 | 2,416,000 | 3,280,000 |
| Noninterest income | 62,000 | 111,000 | 165,000 | 212,000 |
| Noninterest expense | 605,000 | 1,182,000 | 1,770,000 | 2,343,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 219,000 | 483,000 | 751,000 | 1,089,000 |
| Income tax | 48,000 | 114,000 | 183,000 | 274,000 |
| Net income | 171,000 | 369,000 | 568,000 | 815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,270,000 | 19,468,000 | 19,667,000 | 19,914,000 |
| Total capital | 19,856,000 | 20,075,000 | 20,147,000 | 20,399,000 |
| Risk-weighted assets | 46,507,000 | 48,209,000 | 37,875,000 | 38,271,000 |