Call reports 2024
MADISON VALLEY BANK — 2024
What MADISON VALLEY 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 | 270,480,000 | 261,419,000 | 269,887,000 | 256,994,000 |
| Total loans | 130,588,000 | 132,570,000 | 134,469,000 | 131,176,000 |
| Allowance for loan losses | 2,139,000 | 2,056,000 | 2,057,000 | 2,047,000 |
| Securities available for sale | 35,890,000 | 27,590,000 | 28,040,000 | 30,858,000 |
| Securities held to maturity | 87,812,000 | 87,106,000 | 84,149,000 | 83,024,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,466,000 | 226,904,000 | 246,300,000 | 234,472,000 |
| Interest-bearing deposits | 154,597,000 | 154,769,000 | 161,017,000 | 162,342,000 |
| Noninterest-bearing deposits | 74,869,000 | 72,135,000 | 85,283,000 | 72,130,000 |
| Equity capital | 21,604,000 | 21,405,000 | 22,427,000 | 21,284,000 |
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 | 2,794,000 | 5,684,000 | 8,588,000 | 11,570,000 |
| Interest expense | 748,000 | 1,712,000 | 2,601,000 | 3,395,000 |
| Net interest income | 2,046,000 | 3,972,000 | 5,987,000 | 8,175,000 |
| Noninterest income | 185,000 | 637,000 | 837,000 | 1,029,000 |
| Noninterest expense | 1,543,000 | 3,251,000 | 4,957,000 | 6,853,000 |
| Provision for loan losses | 0 | -47,000 | -47,000 | -47,000 |
| Pretax income | 688,000 | 1,361,000 | 1,870,000 | 2,354,000 |
| Income tax | 34,000 | 84,000 | 124,000 | 184,000 |
| Net income | 654,000 | 1,277,000 | 1,746,000 | 2,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,598,000 | 23,500,000 | 23,607,000 | 23,531,000 |
| Total capital | 25,778,000 | 25,704,000 | 25,822,000 | 25,726,000 |
| Risk-weighted assets | 174,331,000 | 176,270,000 | 177,162,000 | 175,584,000 |