Call reports 2003
BANK OF THE VALLEY — 2003
What BANK OF THE VALLEY 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 | 31,526,000 | 30,937,000 | 33,197,000 | 32,313,000 |
| Total loans | 24,382,000 | 25,427,000 | 25,819,000 | 24,635,000 |
| Allowance for loan losses | 439,000 | 473,000 | 502,000 | 525,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,673,000 | 3,095,000 | 2,902,000 | 2,770,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,554,000 | 27,927,000 | 28,312,000 | 28,751,000 |
| Interest-bearing deposits | 24,766,000 | 24,407,000 | 24,614,000 | 24,926,000 |
| Noninterest-bearing deposits | 3,788,000 | 3,520,000 | 3,698,000 | 3,825,000 |
| Equity capital | 2,678,000 | 2,664,000 | 2,735,000 | 2,677,000 |
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 | 461,000 | 902,000 | 1,355,000 | 1,803,000 |
| Interest expense | 151,000 | 285,000 | 408,000 | 523,000 |
| Net interest income | 310,000 | 617,000 | 947,000 | 1,280,000 |
| Noninterest income | 53,000 | 103,000 | 160,000 | 208,000 |
| Noninterest expense | 247,000 | 499,000 | 750,000 | 967,000 |
| Provision for loan losses | 22,000 | 45,000 | 75,000 | 98,000 |
| Pretax income | 94,000 | 176,000 | 282,000 | 423,000 |
| Income tax | 21,000 | 37,000 | 72,000 | 107,000 |
| Net income | 73,000 | 139,000 | 210,000 | 316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,678,000 | 2,664,000 | 2,735,000 | 2,677,000 |
| Total capital | 2,990,000 | 2,970,000 | 3,043,000 | 2,985,000 |
| Risk-weighted assets | 24,862,000 | 24,295,000 | 24,454,000 | 24,471,000 |