FACTANKER · measured, cited, anchored official records connected

Call reports 2023

UNITED VALLEY BANK — 2023

What UNITED VALLEY BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a30fe5ba-e7d6-4008-bba0-2f9e9f1610b3/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets606,768,000612,607,000623,558,000634,009,000
Total loans404,408,000414,756,000429,339,000437,757,000
Allowance for loan losses5,552,0005,532,0005,595,0005,651,000
Securities available for sale130,813,000122,824,000118,050,000124,464,000
Securities held to maturity205,000199,000193,000189,000
Trading assets0000
Total deposits540,025,000525,856,000542,794,000573,374,000
Interest-bearing deposits435,454,000440,366,000458,730,000473,312,000
Noninterest-bearing deposits104,571,00085,490,00084,064,000100,062,000
Equity capital51,424,00050,833,00049,036,00054,295,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income5,835,00012,559,00019,806,00027,310,000
Interest expense994,0002,864,0005,454,0008,191,000
Net interest income4,841,0009,695,00014,352,00019,119,000
Noninterest income282,000320,000612,000903,000
Noninterest expense3,188,0006,310,0009,491,00012,809,000
Provision for loan losses0000
Pretax income1,950,0003,718,0005,501,0007,301,000
Income tax0000
Net income1,950,0003,718,0005,501,0007,301,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital53,580,00054,399,00055,427,00056,328,000
Total capital59,098,00059,931,00061,022,00061,979,000
Risk-weighted assets441,411,000446,617,000482,254,000488,827,000