Call reports 2024
SPRING VALLEY CITY BANK — 2024
What SPRING VALLEY CITY 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 | 215,136,000 | 208,633,000 | 210,476,000 | 210,922,000 |
| Total loans | 134,812,000 | 134,875,000 | 131,441,000 | 134,341,000 |
| Allowance for loan losses | 2,815,000 | 2,824,000 | 2,824,000 | 2,427,000 |
| Securities available for sale | 57,218,000 | 54,946,000 | 55,282,000 | 55,513,000 |
| Securities held to maturity | 589,000 | 89,000 | 89,000 | 65,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,341,000 | 173,621,000 | 173,862,000 | 175,521,000 |
| Interest-bearing deposits | 142,861,000 | 140,442,000 | 143,673,000 | 142,571,000 |
| Noninterest-bearing deposits | 32,480,000 | 33,179,000 | 30,189,000 | 32,950,000 |
| Equity capital | 23,122,000 | 23,251,000 | 24,922,000 | 23,643,000 |
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 | 2,083,000 | 4,227,000 | 6,355,000 | 8,586,000 |
| Interest expense | 858,000 | 1,696,000 | 2,503,000 | 3,318,000 |
| Net interest income | 1,225,000 | 2,531,000 | 3,852,000 | 5,268,000 |
| Noninterest income | 94,000 | 202,000 | 307,000 | 398,000 |
| Noninterest expense | 1,135,000 | 2,197,000 | 3,372,000 | 4,532,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 184,000 | 536,000 | 787,000 | 1,134,000 |
| Income tax | 29,000 | 94,000 | 138,000 | 218,000 |
| Net income | 155,000 | 442,000 | 649,000 | 916,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,095,000 | 28,941,000 | 29,148,000 | 28,975,000 |
| Total capital | 30,727,000 | 30,545,000 | 30,719,000 | 30,604,000 |
| Risk-weighted assets | 129,366,000 | 127,088,000 | 124,397,000 | 129,488,000 |