Call reports 2004
MOUNTAIN VALLEY BANK — 2004
What MOUNTAIN VALLEY 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 | 65,952,000 | 67,031,000 | 69,963,000 | 71,685,000 |
| Total loans | 48,111,000 | 51,017,000 | 52,485,000 | 53,469,000 |
| Allowance for loan losses | 541,000 | 623,000 | 659,000 | 725,000 |
| Securities available for sale | 4,361,000 | 3,563,000 | 3,396,000 | 3,144,000 |
| Securities held to maturity | 6,004,000 | 6,266,000 | 6,254,000 | 6,481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,476,000 | 58,466,000 | 61,250,000 | 62,815,000 |
| Interest-bearing deposits | 48,623,000 | 49,300,000 | 52,069,000 | 53,340,000 |
| Noninterest-bearing deposits | 8,853,000 | 9,166,000 | 9,181,000 | 9,475,000 |
| Equity capital | 8,185,000 | 8,217,000 | 8,450,000 | 8,318,000 |
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 | 1,089,000 | 2,173,000 | 3,279,000 | 4,434,000 |
| Interest expense | 207,000 | 425,000 | 657,000 | 907,000 |
| Net interest income | 882,000 | 1,748,000 | 2,622,000 | 3,527,000 |
| Noninterest income | 103,000 | 227,000 | 333,000 | 441,000 |
| Noninterest expense | 589,000 | 1,249,000 | 1,842,000 | 2,608,000 |
| Provision for loan losses | 75,000 | 150,000 | 235,000 | 340,000 |
| Pretax income | 321,000 | 576,000 | 878,000 | 1,020,000 |
| Income tax | 115,000 | 204,000 | 311,000 | 357,000 |
| Net income | 206,000 | 372,000 | 567,000 | 663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,154,000 | 8,240,000 | 8,435,000 | 8,320,000 |
| Total capital | 8,695,000 | 8,852,000 | 9,062,000 | 8,944,000 |
| Risk-weighted assets | 47,083,000 | 48,971,000 | 50,164,000 | 49,843,000 |