Call reports 2003
UNITED VALLEY BANK — 2003
What UNITED 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 | 75,375,000 | 77,587,000 | 79,638,000 | 80,704,000 |
| Total loans | 57,178,000 | 60,758,000 | 64,570,000 | 65,577,000 |
| Allowance for loan losses | 1,098,000 | 1,114,000 | 1,132,000 | 1,157,000 |
| Securities available for sale | 12,130,000 | 11,017,000 | 9,238,000 | 9,009,000 |
| Securities held to maturity | 1,870,000 | 2,119,000 | 2,044,000 | 1,914,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,595,000 | 68,836,000 | 68,070,000 | 68,531,000 |
| Interest-bearing deposits | 62,211,000 | 61,835,000 | 60,363,000 | 58,570,000 |
| Noninterest-bearing deposits | 6,384,000 | 7,001,000 | 7,707,000 | 9,961,000 |
| Equity capital | 6,087,000 | 6,052,000 | 6,167,000 | 7,253,000 |
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 | 1,094,000 | 2,196,000 | 3,312,000 | 4,464,000 |
| Interest expense | 404,000 | 784,000 | 1,112,000 | 1,398,000 |
| Net interest income | 690,000 | 1,412,000 | 2,200,000 | 3,066,000 |
| Noninterest income | 217,000 | 304,000 | 401,000 | 486,000 |
| Noninterest expense | 548,000 | 1,100,000 | 1,682,000 | 2,430,000 |
| Provision for loan losses | 30,000 | 55,000 | 80,000 | 110,000 |
| Pretax income | 329,000 | 561,000 | 839,000 | 1,012,000 |
| Income tax | 23,000 | 39,000 | 59,000 | 64,000 |
| Net income | 306,000 | 522,000 | 780,000 | 948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,834,000 | 5,785,000 | 6,043,000 | 7,136,000 |
| Total capital | 6,575,000 | 6,575,000 | 6,866,000 | 7,975,000 |
| Risk-weighted assets | 58,935,000 | 62,855,000 | 65,521,000 | 66,841,000 |