Call reports 2002
MADISON VALLEY BANK — 2002
What MADISON VALLEY BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 58,260,000 | 62,281,000 | 63,520,000 | 62,408,000 |
| Total loans | 36,270,000 | 39,283,000 | 40,189,000 | 40,419,000 |
| Allowance for loan losses | 401,000 | 406,000 | 430,000 | 411,000 |
| Securities available for sale | 3,962,000 | 3,907,000 | 4,913,000 | 4,919,000 |
| Securities held to maturity | 3,030,000 | 3,050,000 | 3,144,000 | 3,915,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,717,000 | 56,573,000 | 57,973,000 | 56,576,000 |
| Interest-bearing deposits | 43,261,000 | 45,966,000 | 46,246,000 | 45,883,000 |
| Noninterest-bearing deposits | 9,456,000 | 10,607,000 | 11,727,000 | 10,693,000 |
| Equity capital | 4,849,000 | 5,041,000 | 5,185,000 | 5,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 900,000 | 1,821,000 | 2,810,000 | 3,784,000 |
| Interest expense | 319,000 | 621,000 | 902,000 | 1,158,000 |
| Net interest income | 581,000 | 1,200,000 | 1,908,000 | 2,626,000 |
| Noninterest income | 111,000 | 279,000 | 428,000 | 552,000 |
| Noninterest expense | 537,000 | 1,053,000 | 1,637,000 | 2,215,000 |
| Provision for loan losses | 7,000 | 7,000 | 36,000 | 50,000 |
| Pretax income | 148,000 | 419,000 | 663,000 | 913,000 |
| Income tax | 48,000 | 131,000 | 221,000 | 332,000 |
| Net income | 100,000 | 288,000 | 442,000 | 581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,795,000 | 4,983,000 | 5,137,000 | 5,077,000 |
| Total capital | 5,196,000 | 5,389,000 | 5,567,000 | 5,488,000 |
| Risk-weighted assets | 40,251,000 | 42,458,000 | 42,980,000 | 42,800,000 |