Call reports 2018
VALLEY STATE BANK — 2018
What VALLEY STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 124,214,000 | 118,128,000 | 116,953,000 | 117,536,000 |
| Total loans | 52,968,000 | 57,003,000 | 57,060,000 | 59,865,000 |
| Allowance for loan losses | 989,000 | 988,000 | 1,087,000 | 1,109,000 |
| Securities available for sale | 54,815,000 | 53,353,000 | 48,420,000 | 45,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,605,000 | 97,511,000 | 96,119,000 | 96,264,000 |
| Interest-bearing deposits | 88,160,000 | 85,046,000 | 83,105,000 | 83,959,000 |
| Noninterest-bearing deposits | 15,445,000 | 12,465,000 | 13,014,000 | 12,305,000 |
| Equity capital | 20,374,000 | 20,445,000 | 20,588,000 | 21,063,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 990,000 | 2,032,000 | 3,151,000 | 4,288,000 |
| Interest expense | 132,000 | 277,000 | 441,000 | 622,000 |
| Net interest income | 858,000 | 1,755,000 | 2,710,000 | 3,666,000 |
| Noninterest income | 59,000 | 115,000 | 169,000 | 229,000 |
| Noninterest expense | 595,000 | 1,205,000 | 1,809,000 | 2,420,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 60,000 |
| Pretax income | 322,000 | 665,000 | 1,016,000 | 1,391,000 |
| Income tax | 61,000 | 126,000 | 187,000 | 251,000 |
| Net income | 261,000 | 539,000 | 829,000 | 1,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,616,000 | 20,894,000 | 21,183,000 | 21,496,000 |
| Total capital | 21,294,000 | 21,631,000 | 21,902,000 | 22,243,000 |
| Risk-weighted assets | 53,960,000 | 58,736,000 | 57,175,000 | 59,404,000 |