Call reports 2024
UNITED VALLEY BANK — 2024
What UNITED VALLEY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 632,083,000 | 630,996,000 | 653,565,000 | 669,851,000 |
| Total loans | 421,333,000 | 441,471,000 | 456,487,000 | 470,024,000 |
| Allowance for loan losses | 5,656,000 | 5,961,000 | 6,357,000 | 6,360,000 |
| Securities available for sale | 119,350,000 | 120,532,000 | 120,696,000 | 118,965,000 |
| Securities held to maturity | 148,000 | 145,000 | 143,000 | 142,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 571,353,000 | 554,411,000 | 573,315,000 | 605,957,000 |
| Interest-bearing deposits | 476,837,000 | 471,762,000 | 491,018,000 | 508,924,000 |
| Noninterest-bearing deposits | 94,516,000 | 82,649,000 | 82,297,000 | 97,033,000 |
| Equity capital | 54,177,000 | 54,948,000 | 58,485,000 | 56,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,412,000 | 15,268,000 | 23,516,000 | 31,979,000 |
| Interest expense | 2,755,000 | 5,644,000 | 8,936,000 | 12,181,000 |
| Net interest income | 4,657,000 | 9,624,000 | 14,580,000 | 19,798,000 |
| Noninterest income | 458,000 | 709,000 | 968,000 | 1,227,000 |
| Noninterest expense | 3,438,000 | 6,809,000 | 10,310,000 | 13,883,000 |
| Provision for loan losses | 0 | 300,000 | 700,000 | 700,000 |
| Pretax income | 1,684,000 | 3,199,000 | 4,528,000 | 6,440,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,684,000 | 3,199,000 | 4,528,000 | 6,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,502,000 | 57,118,000 | 57,549,000 | 58,560,000 |
| Total capital | 62,158,000 | 63,079,000 | 63,742,000 | 64,866,000 |
| Risk-weighted assets | 472,382,000 | 484,923,000 | 495,327,000 | 504,474,000 |