Call reports 2003
VALLEY STATE BANK — 2003
What VALLEY STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 104,464,000 | 101,517,000 | 102,778,000 | 103,287,000 |
| Total loans | 74,435,000 | 76,010,000 | 73,737,000 | 69,030,000 |
| Allowance for loan losses | 2,057,000 | 2,166,000 | 2,195,000 | 2,171,000 |
| Securities available for sale | 19,797,000 | 19,759,000 | 17,396,000 | 21,595,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,010,000 | 80,489,000 | 81,186,000 | 81,743,000 |
| Interest-bearing deposits | 75,501,000 | 73,298,000 | 72,912,000 | 72,669,000 |
| Noninterest-bearing deposits | 8,509,000 | 7,191,000 | 8,274,000 | 9,074,000 |
| Equity capital | 9,464,000 | 10,052,000 | 10,621,000 | 10,644,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,632,000 | 3,242,000 | 4,858,000 | 6,365,000 |
| Interest expense | 549,000 | 1,064,000 | 1,534,000 | 1,987,000 |
| Net interest income | 1,083,000 | 2,178,000 | 3,324,000 | 4,378,000 |
| Noninterest income | 96,000 | 195,000 | 529,000 | 618,000 |
| Noninterest expense | 578,000 | 1,170,000 | 1,746,000 | 2,778,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 481,000 | 963,000 | 1,747,000 | 1,740,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 481,000 | 963,000 | 1,747,000 | 1,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,748,000 | 9,231,000 | 10,017,000 | 10,012,000 |
| Total capital | 9,703,000 | 10,191,000 | 10,957,000 | 10,907,000 |
| Risk-weighted assets | 75,280,000 | 75,624,000 | 73,912,000 | 70,284,000 |