Call reports 2008
SPRING VALLEY CITY BANK — 2008
What SPRING VALLEY CITY BANK 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 | 153,339,000 | 153,570,000 | 155,193,000 | 159,208,000 |
| Total loans | 104,197,000 | 104,115,000 | 104,909,000 | 107,031,000 |
| Allowance for loan losses | 1,818,000 | 1,849,000 | 1,877,000 | 1,842,000 |
| Securities available for sale | 10,299,000 | 9,105,000 | 12,127,000 | 15,048,000 |
| Securities held to maturity | 25,015,000 | 26,052,000 | 26,451,000 | 25,492,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,518,000 | 129,873,000 | 132,216,000 | 135,752,000 |
| Interest-bearing deposits | 115,322,000 | 116,549,000 | 120,239,000 | 122,940,000 |
| Noninterest-bearing deposits | 14,196,000 | 13,324,000 | 11,977,000 | 12,812,000 |
| Equity capital | 22,182,000 | 22,032,000 | 21,318,000 | 21,746,000 |
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 | 2,072,000 | 4,128,000 | 6,202,000 | 8,287,000 |
| Interest expense | 952,000 | 1,847,000 | 2,724,000 | 3,559,000 |
| Net interest income | 1,120,000 | 2,281,000 | 3,478,000 | 4,728,000 |
| Noninterest income | 101,000 | 203,000 | 329,000 | 447,000 |
| Noninterest expense | 734,000 | 1,521,000 | 2,317,000 | 3,078,000 |
| Provision for loan losses | 15,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | 472,000 | 943,000 | 1,470,000 | 2,077,000 |
| Income tax | 151,000 | 303,000 | 471,000 | 563,000 |
| Net income | 321,000 | 640,000 | 999,000 | 1,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,944,000 | 21,907,000 | 21,186,000 | 21,343,000 |
| Total capital | 23,032,000 | 22,994,000 | 22,288,000 | 22,462,000 |
| Risk-weighted assets | 86,345,000 | 86,160,000 | 87,394,000 | 88,845,000 |