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 | 25,236,000 | 25,349,000 | 26,380,000 | 26,881,000 |
| Total loans | 17,327,000 | 16,292,000 | 16,597,000 | 17,893,000 |
| Allowance for loan losses | 116,000 | 115,000 | 119,000 | 122,000 |
| Securities available for sale | 4,180,000 | 4,558,000 | 6,109,000 | 6,477,000 |
| Securities held to maturity | 356,000 | 350,000 | 346,000 | 429,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,839,000 | 20,462,000 | 21,093,000 | 21,213,000 |
| Interest-bearing deposits | 18,611,000 | 19,090,000 | 19,533,000 | 19,551,000 |
| Noninterest-bearing deposits | 1,228,000 | 1,371,000 | 1,560,000 | 1,662,000 |
| Equity capital | 2,119,000 | 2,114,000 | 2,088,000 | 2,120,000 |
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 | 361,000 | 715,000 | 1,062,000 | 1,410,000 |
| Interest expense | 175,000 | 351,000 | 522,000 | 692,000 |
| Net interest income | 186,000 | 364,000 | 540,000 | 718,000 |
| Noninterest income | 16,000 | 34,000 | 56,000 | 77,000 |
| Noninterest expense | 122,000 | 245,000 | 374,000 | 505,000 |
| Provision for loan losses | 6,000 | 11,000 | 14,000 | 17,000 |
| Pretax income | 74,000 | 142,000 | 208,000 | 273,000 |
| Income tax | 26,000 | 50,000 | 73,000 | 96,000 |
| Net income | 48,000 | 92,000 | 135,000 | 177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,057,000 | 2,051,000 | 2,044,000 | 2,087,000 |
| Total capital | 2,173,000 | 2,166,000 | 2,163,000 | 2,209,000 |
| Risk-weighted assets | 15,509,000 | 14,896,000 | 15,399,000 | 16,372,000 |