Call reports 2008
MOUNTAIN VALLEY BANK, N.A. — 2008
What MOUNTAIN VALLEY BANK, N.A. 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 | 101,757,000 | 104,140,000 | 105,332,000 | 105,667,000 |
| Total loans | 68,372,000 | 69,106,000 | 69,046,000 | 69,924,000 |
| Allowance for loan losses | 1,001,000 | 1,344,000 | 1,292,000 | 1,089,000 |
| Securities available for sale | 19,224,000 | 21,883,000 | 24,395,000 | 26,635,000 |
| Securities held to maturity | 6,360,000 | 4,142,000 | 2,915,000 | 2,345,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,536,000 | 87,793,000 | 88,850,000 | 88,883,000 |
| Interest-bearing deposits | 64,559,000 | 65,831,000 | 66,735,000 | 67,091,000 |
| Noninterest-bearing deposits | 20,977,000 | 21,962,000 | 22,115,000 | 21,792,000 |
| Equity capital | 14,199,000 | 14,229,000 | 14,562,000 | 14,265,000 |
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 | 1,580,000 | 3,083,000 | 4,581,000 | 6,038,000 |
| Interest expense | 431,000 | 805,000 | 1,157,000 | 1,487,000 |
| Net interest income | 1,149,000 | 2,278,000 | 3,424,000 | 4,551,000 |
| Noninterest income | 142,000 | 306,000 | 477,000 | 650,000 |
| Noninterest expense | 933,000 | 1,871,000 | 2,828,000 | 3,817,000 |
| Provision for loan losses | 60,000 | 120,000 | 120,000 | 120,000 |
| Pretax income | 316,000 | 622,000 | 982,000 | 1,293,000 |
| Income tax | 73,000 | 131,000 | 224,000 | 305,000 |
| Net income | 243,000 | 491,000 | 758,000 | 988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,238,000 | 14,410,000 | 14,677,000 | 14,623,000 |
| Total capital | 15,021,000 | 15,206,000 | 15,472,000 | 15,417,000 |
| Risk-weighted assets | 62,383,000 | 63,101,000 | 63,070,000 | 63,219,000 |