Call reports 2020
VALLEY STATE BANK — 2020
What VALLEY STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 123,925,000 | 130,422,000 | 128,803,000 | 131,212,000 |
| Total loans | 68,573,000 | 71,001,000 | 69,080,000 | 68,757,000 |
| Allowance for loan losses | 1,225,000 | 1,273,000 | 1,315,000 | 1,356,000 |
| Securities available for sale | 40,888,000 | 43,897,000 | 49,925,000 | 45,663,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,933,000 | 106,657,000 | 104,822,000 | 107,029,000 |
| Interest-bearing deposits | 87,420,000 | 89,076,000 | 87,434,000 | 89,918,000 |
| Noninterest-bearing deposits | 13,513,000 | 17,581,000 | 17,388,000 | 17,111,000 |
| Equity capital | 22,738,000 | 23,376,000 | 23,660,000 | 23,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,187,000 | 2,281,000 | 3,319,000 | 4,455,000 |
| Interest expense | 223,000 | 365,000 | 478,000 | 567,000 |
| Net interest income | 964,000 | 1,916,000 | 2,841,000 | 3,888,000 |
| Noninterest income | 64,000 | 113,000 | 167,000 | 221,000 |
| Noninterest expense | 659,000 | 1,346,000 | 2,016,000 | 2,702,000 |
| Provision for loan losses | 15,000 | 60,000 | 105,000 | 150,000 |
| Pretax income | 568,000 | 814,000 | 1,078,000 | 1,448,000 |
| Income tax | 121,000 | 152,000 | 202,000 | 268,000 |
| Net income | 447,000 | 662,000 | 876,000 | 1,180,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,820,000 | 23,059,000 | 23,273,000 | 23,577,000 |
| Total capital | — | 23,933,000 | — | 24,419,000 |
| Risk-weighted assets | — | 69,556,000 | — | 66,903,000 |