Call reports 2022
VALLEY STATE BANK — 2022
What VALLEY STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 147,751,000 | 151,623,000 | 148,428,000 | 145,654,000 |
| Total loans | 73,311,000 | 73,590,000 | 76,046,000 | 79,110,000 |
| Allowance for loan losses | 1,438,000 | 1,453,000 | 1,466,000 | 1,512,000 |
| Securities available for sale | 57,590,000 | 58,825,000 | 56,247,000 | 54,855,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,164,000 | 130,589,000 | 127,358,000 | 123,966,000 |
| Interest-bearing deposits | 103,337,000 | 107,594,000 | 102,246,000 | 103,080,000 |
| Noninterest-bearing deposits | 21,827,000 | 22,995,000 | 25,112,000 | 20,886,000 |
| Equity capital | 22,404,000 | 20,942,000 | 20,955,000 | 21,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,097,000 | 2,270,000 | 3,647,000 | 5,242,000 |
| Interest expense | 76,000 | 166,000 | 274,000 | 430,000 |
| Net interest income | 1,021,000 | 2,104,000 | 3,373,000 | 4,812,000 |
| Noninterest income | 86,000 | 153,000 | 222,000 | 288,000 |
| Noninterest expense | 766,000 | 1,502,000 | 2,280,000 | 3,121,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 90,000 |
| Pretax income | 325,000 | 721,000 | 1,261,000 | 1,881,000 |
| Income tax | 62,000 | 144,000 | 260,000 | 401,000 |
| Net income | 263,000 | 577,000 | 1,001,000 | 1,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,763,000 | 25,077,000 | 25,501,000 | 25,980,000 |