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 | 27,363,000 | 27,981,000 | 27,521,000 | 28,279,000 |
| Total loans | 18,316,000 | 18,705,000 | 18,926,000 | 20,138,000 |
| Allowance for loan losses | 212,000 | 214,000 | 212,000 | 166,000 |
| Securities available for sale | 5,368,000 | 5,883,000 | 6,095,000 | 5,651,000 |
| Securities held to maturity | 425,000 | 717,000 | 714,000 | 405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,906,000 | 21,946,000 | 21,496,000 | 21,833,000 |
| Interest-bearing deposits | 20,051,000 | 20,349,000 | 19,785,000 | 19,923,000 |
| Noninterest-bearing deposits | 1,855,000 | 1,597,000 | 1,711,000 | 1,910,000 |
| Equity capital | 2,087,000 | 2,086,000 | 2,156,000 | 2,197,000 |
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 | 350,000 | 699,000 | 1,067,000 | 1,444,000 |
| Interest expense | 171,000 | 340,000 | 509,000 | 680,000 |
| Net interest income | 179,000 | 359,000 | 558,000 | 764,000 |
| Noninterest income | 17,000 | 35,000 | 56,000 | 47,000 |
| Noninterest expense | 132,000 | 261,000 | 388,000 | 528,000 |
| Provision for loan losses | 123,000 | 125,000 | 126,000 | 88,000 |
| Pretax income | -59,000 | 8,000 | 100,000 | 195,000 |
| Income tax | -24,000 | -1,000 | 31,000 | 65,000 |
| Net income | -35,000 | 9,000 | 69,000 | 130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,051,000 | 2,097,000 | 2,155,000 | 2,218,000 |
| Total capital | 2,260,000 | 2,311,000 | 2,367,000 | 2,384,000 |
| Risk-weighted assets | 16,710,000 | 17,287,000 | 17,247,000 | 18,007,000 |