Call reports 2003
MADISON VALLEY BANK — 2003
What MADISON VALLEY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 63,908,000 | 70,069,000 | 71,806,000 | 71,441,000 |
| Total loans | 40,488,000 | 43,327,000 | 43,587,000 | 43,955,000 |
| Allowance for loan losses | 423,000 | 435,000 | 455,000 | 446,000 |
| Securities available for sale | 4,414,000 | 4,167,000 | 7,541,000 | 6,986,000 |
| Securities held to maturity | 4,214,000 | 4,750,000 | 5,199,000 | 6,993,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,486,000 | 64,633,000 | 66,172,000 | 65,711,000 |
| Interest-bearing deposits | 47,888,000 | 50,028,000 | 51,771,000 | 52,122,000 |
| Noninterest-bearing deposits | 10,598,000 | 14,605,000 | 14,401,000 | 13,589,000 |
| Equity capital | 5,246,000 | 5,224,000 | 5,357,000 | 5,425,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 904,000 | 1,862,000 | 2,862,000 | 3,835,000 |
| Interest expense | 240,000 | 481,000 | 697,000 | 905,000 |
| Net interest income | 664,000 | 1,381,000 | 2,165,000 | 2,930,000 |
| Noninterest income | 104,000 | 257,000 | 448,000 | 595,000 |
| Noninterest expense | 540,000 | 1,107,000 | 1,717,000 | 2,327,000 |
| Provision for loan losses | 24,000 | 77,000 | 122,000 | 133,000 |
| Pretax income | 204,000 | 454,000 | 774,000 | 1,065,000 |
| Income tax | 36,000 | 37,000 | 37,000 | 37,000 |
| Net income | 168,000 | 417,000 | 737,000 | 1,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,184,000 | 5,157,000 | 5,328,000 | 5,457,000 |
| Total capital | 5,607,000 | 5,592,000 | 5,783,000 | 5,903,000 |
| Risk-weighted assets | 43,079,000 | 46,861,000 | 48,195,000 | 48,388,000 |