Call reports 2019
VALLEY STATE BANK — 2019
What VALLEY STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 125,239,000 | 123,168,000 | 124,091,000 | 126,762,000 |
| Total loans | 63,284,000 | 63,718,000 | 65,810,000 | 68,187,000 |
| Allowance for loan losses | 1,151,000 | 1,196,000 | 1,224,000 | 1,206,000 |
| Securities available for sale | 43,237,000 | 46,499,000 | 46,923,000 | 46,797,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,441,000 | 100,690,000 | 101,322,000 | 103,734,000 |
| Interest-bearing deposits | 88,884,000 | 88,627,000 | 87,140,000 | 90,570,000 |
| Noninterest-bearing deposits | 14,557,000 | 12,063,000 | 14,182,000 | 13,164,000 |
| Equity capital | 21,439,000 | 22,066,000 | 22,327,000 | 22,587,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,218,000 | 2,503,000 | 3,767,000 | 5,017,000 |
| Interest expense | 242,000 | 536,000 | 836,000 | 1,125,000 |
| Net interest income | 976,000 | 1,967,000 | 2,931,000 | 3,892,000 |
| Noninterest income | 67,000 | 126,000 | 182,000 | 244,000 |
| Noninterest expense | 634,000 | 1,289,000 | 1,936,000 | 2,608,000 |
| Provision for loan losses | 40,000 | 85,000 | 130,000 | 130,000 |
| Pretax income | 369,000 | 719,000 | 1,047,000 | 1,399,000 |
| Income tax | 69,000 | 133,000 | 195,000 | 270,000 |
| Net income | 300,000 | 586,000 | 852,000 | 1,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,670,000 | 21,956,000 | 22,224,000 | 22,501,000 |
| Total capital | 22,468,000 | 22,759,000 | 23,038,000 | 23,345,000 |
| Risk-weighted assets | 63,504,000 | 63,901,000 | 64,756,000 | 67,194,000 |