Call reports 2003
MOUNTAIN VALLEY BANK, N.A. — 2003
What MOUNTAIN VALLEY BANK, N.A. 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 | 87,829,000 | 89,173,000 | 90,424,000 | 88,692,000 |
| Total loans | 46,498,000 | 46,046,000 | 47,538,000 | 48,546,000 |
| Allowance for loan losses | 653,000 | 662,000 | 671,000 | 672,000 |
| Securities available for sale | 15,972,000 | 22,999,000 | 21,773,000 | 21,085,000 |
| Securities held to maturity | 12,480,000 | 9,639,000 | 13,530,000 | 12,877,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,460,000 | 75,601,000 | 76,853,000 | 76,145,000 |
| Interest-bearing deposits | 56,475,000 | 56,406,000 | 58,029,000 | 56,373,000 |
| Noninterest-bearing deposits | 17,985,000 | 19,195,000 | 18,824,000 | 19,772,000 |
| Equity capital | 12,501,000 | 12,674,000 | 12,745,000 | 11,701,000 |
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 | 1,085,000 | 2,147,000 | 3,208,000 | 4,272,000 |
| Interest expense | 214,000 | 413,000 | 589,000 | 751,000 |
| Net interest income | 871,000 | 1,734,000 | 2,619,000 | 3,521,000 |
| Noninterest income | 70,000 | 174,000 | 281,000 | 405,000 |
| Noninterest expense | 679,000 | 1,376,000 | 2,084,000 | 2,818,000 |
| Provision for loan losses | 18,000 | 30,000 | 36,000 | 42,000 |
| Pretax income | 257,000 | 517,000 | 795,000 | 1,081,000 |
| Income tax | 58,000 | 119,000 | 190,000 | 269,000 |
| Net income | 199,000 | 398,000 | 605,000 | 812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,235,000 | 12,366,000 | 12,573,000 | 11,572,000 |
| Total capital | 12,836,000 | 12,968,000 | 13,187,000 | 12,191,000 |
| Risk-weighted assets | 47,998,000 | 48,081,000 | 49,090,000 | 49,485,000 |