Call reports 2008
VALLEY COMMUNITY BANK — 2008
What VALLEY COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 164,551,000 | 179,436,000 | 211,129,000 | 209,384,000 |
| Total loans | 140,835,000 | 151,577,000 | 169,089,000 | 175,797,000 |
| Allowance for loan losses | 1,821,000 | 1,952,000 | 1,966,000 | 3,132,000 |
| Securities available for sale | 3,610,000 | 3,508,000 | 4,031,000 | 6,351,000 |
| Securities held to maturity | 2,826,000 | 2,382,000 | 1,962,000 | 1,823,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,396,000 | 143,512,000 | 174,547,000 | 176,018,000 |
| Interest-bearing deposits | 108,351,000 | 107,098,000 | 138,068,000 | 141,093,000 |
| Noninterest-bearing deposits | 29,045,000 | 36,414,000 | 36,479,000 | 34,926,000 |
| Equity capital | 20,140,000 | 17,935,000 | 18,326,000 | 18,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,877,000 | 5,570,000 | 8,599,000 | 11,765,000 |
| Interest expense | 913,000 | 1,609,000 | 2,434,000 | 3,374,000 |
| Net interest income | 1,964,000 | 3,961,000 | 6,165,000 | 8,391,000 |
| Noninterest income | 358,000 | 773,000 | 1,298,000 | 1,504,000 |
| Noninterest expense | 1,804,000 | 3,616,000 | 5,502,000 | 7,508,000 |
| Provision for loan losses | 35,000 | 4,355,000 | 4,595,000 | 5,785,000 |
| Pretax income | 483,000 | -3,237,000 | -2,634,000 | -3,398,000 |
| Income tax | 201,000 | -1,317,000 | -1,067,000 | -1,384,000 |
| Net income | 282,000 | -1,920,000 | -1,567,000 | -2,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,140,000 | 17,960,000 | 18,337,000 | 18,222,000 |
| Total capital | 21,996,000 | 19,947,000 | 20,348,000 | 20,614,000 |
| Risk-weighted assets | 153,442,000 | 167,354,000 | 184,306,000 | 189,806,000 |