Call reports 2004
VALLEY STATE BANK — 2004
What VALLEY STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 107,446,000 | 102,651,000 | 103,421,000 | 103,389,000 |
| Total loans | 68,552,000 | 70,881,000 | 74,913,000 | 75,438,000 |
| Allowance for loan losses | 2,338,000 | 2,547,000 | 2,637,000 | 2,023,000 |
| Securities available for sale | 24,175,000 | 24,137,000 | 23,286,000 | 22,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,489,000 | 80,890,000 | 80,690,000 | 80,828,000 |
| Interest-bearing deposits | 75,358,000 | 72,147,000 | 71,714,000 | 70,202,000 |
| Noninterest-bearing deposits | 10,131,000 | 8,743,000 | 8,976,000 | 10,626,000 |
| Equity capital | 11,031,000 | 10,817,000 | 11,759,000 | 11,629,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,455,000 | 2,975,000 | 4,493,000 | 5,990,000 |
| Interest expense | 429,000 | 850,000 | 1,266,000 | 1,686,000 |
| Net interest income | 1,026,000 | 2,125,000 | 3,227,000 | 4,304,000 |
| Noninterest income | 105,000 | 244,000 | 405,000 | 532,000 |
| Noninterest expense | 713,000 | 1,441,000 | 2,034,000 | 3,110,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 299,000 | 690,000 | 1,240,000 | 1,248,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 299,000 | 690,000 | 1,240,000 | 1,248,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,313,000 | 10,706,000 | 11,258,000 | 11,269,000 |
| Total capital | 11,214,000 | 11,621,000 | 12,208,000 | 12,209,000 |
| Risk-weighted assets | 70,611,000 | 71,543,000 | 74,331,000 | 74,146,000 |