Call reports 2023
SPRING VALLEY CITY BANK — 2023
What SPRING VALLEY CITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 230,119,000 | 209,366,000 | 214,394,000 | 217,351,000 |
| Total loans | 143,068,000 | 140,810,000 | 137,769,000 | 139,305,000 |
| Allowance for loan losses | 2,849,000 | 2,851,000 | 2,853,000 | 2,873,000 |
| Securities available for sale | 57,362,000 | 54,909,000 | 53,602,000 | 56,956,000 |
| Securities held to maturity | 1,305,000 | 1,304,000 | 1,303,000 | 929,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,903,000 | 173,715,000 | 173,386,000 | 174,380,000 |
| Interest-bearing deposits | 159,120,000 | 141,556,000 | 143,160,000 | 139,994,000 |
| Noninterest-bearing deposits | 34,783,000 | 32,159,000 | 30,226,000 | 34,386,000 |
| Equity capital | 23,020,000 | 22,251,000 | 21,543,000 | 23,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,823,000 | 3,745,000 | 5,673,000 | 7,977,000 |
| Interest expense | 365,000 | 863,000 | 1,509,000 | 2,295,000 |
| Net interest income | 1,458,000 | 2,882,000 | 4,164,000 | 5,682,000 |
| Noninterest income | 84,000 | 183,000 | 284,000 | 406,000 |
| Noninterest expense | 1,130,000 | 2,193,000 | 3,279,000 | 4,370,000 |
| Provision for loan losses | 695,000 | 695,000 | 695,000 | 695,000 |
| Pretax income | -283,000 | 177,000 | 474,000 | 509,000 |
| Income tax | -74,000 | 10,000 | 58,000 | -106,000 |
| Net income | -209,000 | 167,000 | 416,000 | 615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,128,000 | 28,998,000 | 29,246,000 | 28,939,000 |
| Total capital | 30,859,000 | 30,700,000 | 30,913,000 | 30,621,000 |
| Risk-weighted assets | 137,378,000 | 135,036,000 | 132,171,000 | 133,378,000 |