Call reports 2021
VALLEY STATE BANK — 2021
What VALLEY STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 136,572,000 | 143,956,000 | 148,157,000 | 146,731,000 |
| Total loans | 68,080,000 | 66,453,000 | 69,492,000 | 72,529,000 |
| Allowance for loan losses | 1,383,000 | 1,398,000 | 1,414,000 | 1,428,000 |
| Securities available for sale | 55,084,000 | 62,775,000 | 64,391,000 | 61,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,045,000 | 119,783,000 | 123,521,000 | 122,385,000 |
| Interest-bearing deposits | 95,312,000 | 99,558,000 | 101,224,000 | 102,530,000 |
| Noninterest-bearing deposits | 17,733,000 | 20,225,000 | 22,297,000 | 19,855,000 |
| Equity capital | 23,307,000 | 23,985,000 | 24,403,000 | 24,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,075,000 | 2,157,000 | 3,361,000 | 4,494,000 |
| Interest expense | 81,000 | 161,000 | 246,000 | 325,000 |
| Net interest income | 994,000 | 1,996,000 | 3,115,000 | 4,169,000 |
| Noninterest income | 64,000 | 120,000 | 201,000 | 255,000 |
| Noninterest expense | 714,000 | 1,422,000 | 2,138,000 | 2,899,000 |
| Provision for loan losses | 25,000 | 40,000 | 55,000 | 70,000 |
| Pretax income | 318,000 | 653,000 | 1,122,000 | 1,462,000 |
| Income tax | 61,000 | 126,000 | 222,000 | 281,000 |
| Net income | 257,000 | 527,000 | 900,000 | 1,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,706,000 | 23,975,000 | 24,349,000 | 24,630,000 |
| Total capital | 24,543,000 | — | — | — |
| Risk-weighted assets | 66,469,000 | — | — | — |