Call reports 2023
MADISON VALLEY BANK — 2023
What MADISON VALLEY 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 | 262,897,000 | 263,607,000 | 262,129,000 | 261,316,000 |
| Total loans | 144,974,000 | 139,995,000 | 135,138,000 | 132,702,000 |
| Allowance for loan losses | 2,119,000 | 2,123,000 | 2,258,000 | 2,219,000 |
| Securities available for sale | 10,399,000 | 9,688,000 | 9,188,000 | 26,393,000 |
| Securities held to maturity | 93,466,000 | 92,026,000 | 89,534,000 | 88,493,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,894,000 | 231,228,000 | 241,052,000 | 232,442,000 |
| Interest-bearing deposits | 147,224,000 | 146,466,000 | 148,153,000 | 157,312,000 |
| Noninterest-bearing deposits | 74,669,000 | 84,761,000 | 92,899,000 | 75,130,000 |
| Equity capital | 20,030,000 | 20,045,000 | 20,420,000 | 21,525,000 |
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 | 2,464,000 | 5,031,000 | 7,753,000 | 10,455,000 |
| Interest expense | 293,000 | 885,000 | 1,410,000 | 1,985,000 |
| Net interest income | 2,171,000 | 4,146,000 | 6,343,000 | 8,470,000 |
| Noninterest income | 192,000 | 391,000 | 632,000 | 844,000 |
| Noninterest expense | 1,562,000 | 3,189,000 | 4,816,000 | 6,547,000 |
| Provision for loan losses | 0 | -2,000 | -2,000 | -2,000 |
| Pretax income | 812,000 | 1,361,000 | 2,172,000 | 2,780,000 |
| Income tax | 0 | 0 | 0 | 135,000 |
| Net income | 812,000 | 1,361,000 | 2,172,000 | 2,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,314,000 | 22,363,000 | 22,724,000 | 22,992,000 |
| Total capital | 24,560,000 | 24,612,000 | 24,916,000 | 25,186,000 |
| Risk-weighted assets | 186,293,000 | 182,612,000 | 175,133,000 | 175,333,000 |