Call reports 2008
MOUNTAIN VALLEY BANK — 2008
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 98,152,000 | 98,083,000 | 99,098,000 | 101,085,000 |
| Total loans | 75,976,000 | 76,843,000 | 76,555,000 | 77,516,000 |
| Allowance for loan losses | 817,000 | 829,000 | 852,000 | 861,000 |
| Securities available for sale | 7,950,000 | 7,883,000 | 8,538,000 | 9,349,000 |
| Securities held to maturity | 3,318,000 | 3,279,000 | 2,503,000 | 2,506,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,427,000 | 89,306,000 | 90,452,000 | 92,187,000 |
| Interest-bearing deposits | 77,130,000 | 75,246,000 | 78,089,000 | 77,986,000 |
| Noninterest-bearing deposits | 12,297,000 | 14,060,000 | 12,363,000 | 14,201,000 |
| Equity capital | 7,966,000 | 7,947,000 | 8,195,000 | 8,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,767,000 | 3,498,000 | 5,215,000 | 6,901,000 |
| Interest expense | 655,000 | 1,286,000 | 1,889,000 | 2,475,000 |
| Net interest income | 1,112,000 | 2,212,000 | 3,326,000 | 4,426,000 |
| Noninterest income | 212,000 | 429,000 | 669,000 | 851,000 |
| Noninterest expense | 849,000 | 1,638,000 | 2,476,000 | 3,386,000 |
| Provision for loan losses | 75,000 | 150,000 | 240,000 | 345,000 |
| Pretax income | 400,000 | 853,000 | 1,279,000 | 1,546,000 |
| Income tax | 146,000 | 311,000 | 466,000 | 562,000 |
| Net income | 254,000 | 542,000 | 813,000 | 984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,910,000 | 8,005,000 | 8,276,000 | 8,152,000 |
| Total capital | 8,727,000 | 8,834,000 | 9,098,000 | 8,992,000 |
| Risk-weighted assets | 65,728,000 | 66,419,000 | 65,754,000 | 67,146,000 |