Call reports 2002
MOUNTAIN VALLEY BANK — 2002
What MOUNTAIN VALLEY 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 | 50,904,000 | 50,610,000 | 51,437,000 | 55,990,000 |
| Total loans | 31,748,000 | 32,924,000 | 34,194,000 | 37,629,000 |
| Allowance for loan losses | 338,000 | 388,000 | 458,000 | 509,000 |
| Securities available for sale | 3,084,000 | 2,852,000 | 2,660,000 | 2,782,000 |
| Securities held to maturity | 7,232,000 | 7,189,000 | 6,700,000 | 6,268,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,660,000 | 42,252,000 | 43,034,000 | 47,420,000 |
| Interest-bearing deposits | 37,091,000 | 36,425,000 | 36,951,000 | 41,135,000 |
| Noninterest-bearing deposits | 5,569,000 | 5,827,000 | 6,083,000 | 6,285,000 |
| Equity capital | 7,860,000 | 7,848,000 | 8,065,000 | 8,013,000 |
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 | 904,000 | 1,812,000 | 2,726,000 | 3,667,000 |
| Interest expense | 260,000 | 490,000 | 702,000 | 928,000 |
| Net interest income | 644,000 | 1,322,000 | 2,024,000 | 2,739,000 |
| Noninterest income | 92,000 | 176,000 | 262,000 | 354,000 |
| Noninterest expense | 427,000 | 848,000 | 1,263,000 | 1,816,000 |
| Provision for loan losses | 27,000 | 132,000 | 207,000 | 252,000 |
| Pretax income | 282,000 | 518,000 | 816,000 | 1,025,000 |
| Income tax | 96,000 | 176,000 | 280,000 | 347,000 |
| Net income | 186,000 | 342,000 | 536,000 | 678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,850,000 | 7,811,000 | 8,005,000 | 7,946,000 |
| Total capital | 8,188,000 | 8,199,000 | 8,461,000 | 8,434,000 |
| Risk-weighted assets | 34,139,000 | 35,335,000 | 36,502,000 | 39,047,000 |