Call reports 2002
VALLEY STATE BANK — 2002
What VALLEY STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 21,624,000 | 23,359,000 | 24,480,000 | 24,731,000 |
| Total loans | 15,462,000 | 16,053,000 | 17,491,000 | 16,536,000 |
| Allowance for loan losses | 82,000 | 82,000 | 89,000 | 110,000 |
| Securities available for sale | 2,038,000 | 3,591,000 | 3,808,000 | 4,022,000 |
| Securities held to maturity | 375,000 | 368,000 | 365,000 | 359,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,771,000 | 18,265,000 | 18,922,000 | 19,101,000 |
| Interest-bearing deposits | 15,679,000 | 17,169,000 | 17,637,000 | 17,761,000 |
| Noninterest-bearing deposits | 1,092,000 | 1,096,000 | 1,285,000 | 1,340,000 |
| Equity capital | 1,917,000 | 1,981,000 | 2,057,000 | 2,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 349,000 | 712,000 | 1,098,000 | 1,476,000 |
| Interest expense | 187,000 | 381,000 | 577,000 | 768,000 |
| Net interest income | 162,000 | 331,000 | 521,000 | 708,000 |
| Noninterest income | 12,000 | 30,000 | 48,000 | 64,000 |
| Noninterest expense | 120,000 | 242,000 | 364,000 | 497,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 69,000 |
| Pretax income | 48,000 | 107,000 | 187,000 | 206,000 |
| Income tax | 17,000 | 36,000 | 65,000 | 71,000 |
| Net income | 31,000 | 71,000 | 122,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,905,000 | 1,946,000 | 1,997,000 | 2,009,000 |
| Total capital | 1,987,000 | 2,028,000 | 2,086,000 | 2,119,000 |
| Risk-weighted assets | 13,774,000 | 14,286,000 | 15,428,000 | 14,811,000 |