Call reports 2003
MOUNTAIN VALLEY BANK — 2003
What MOUNTAIN VALLEY 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 | 60,836,000 | 61,198,000 | 63,266,000 | 65,100,000 |
| Total loans | 40,148,000 | 42,178,000 | 44,667,000 | 47,708,000 |
| Allowance for loan losses | 434,000 | 497,000 | 485,000 | 555,000 |
| Securities available for sale | 2,633,000 | 3,419,000 | 5,318,000 | 4,981,000 |
| Securities held to maturity | 7,366,000 | 6,743,000 | 5,558,000 | 5,451,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,304,000 | 52,558,000 | 54,765,000 | 56,590,000 |
| Interest-bearing deposits | 44,369,000 | 44,654,000 | 45,881,000 | 47,068,000 |
| Noninterest-bearing deposits | 7,935,000 | 7,904,000 | 8,884,000 | 9,522,000 |
| Equity capital | 8,154,000 | 8,084,000 | 8,228,000 | 8,074,000 |
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 | 954,000 | 1,952,000 | 2,962,000 | 4,020,000 |
| Interest expense | 238,000 | 484,000 | 699,000 | 906,000 |
| Net interest income | 716,000 | 1,468,000 | 2,263,000 | 3,114,000 |
| Noninterest income | 112,000 | 194,000 | 308,000 | 422,000 |
| Noninterest expense | 557,000 | 1,139,000 | 1,704,000 | 2,323,000 |
| Provision for loan losses | 50,000 | 110,000 | 170,000 | 455,000 |
| Pretax income | 221,000 | 413,000 | 697,000 | 758,000 |
| Income tax | 74,000 | 139,000 | 239,000 | 254,000 |
| Net income | 147,000 | 274,000 | 458,000 | 504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,093,000 | 8,020,000 | 8,204,000 | 8,060,000 |
| Total capital | 8,527,000 | 8,517,000 | 8,689,000 | 8,615,000 |
| Risk-weighted assets | 41,553,000 | 42,770,000 | 45,202,000 | 47,129,000 |