Call reports 2008
BANK OF THE VALLEY — 2008
What BANK OF THE VALLEY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 54,608,000 | 55,292,000 | 58,531,000 | 63,061,000 |
| Total loans | 43,325,000 | 45,974,000 | 49,466,000 | 48,801,000 |
| Allowance for loan losses | 728,000 | 805,000 | 806,000 | 798,000 |
| Securities available for sale | 2,918,000 | 3,236,000 | 3,526,000 | 3,693,000 |
| Securities held to maturity | 2,017,000 | 1,872,000 | 1,735,000 | 1,682,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,133,000 | 42,612,000 | 45,032,000 | 52,244,000 |
| Interest-bearing deposits | 37,619,000 | 36,732,000 | 38,940,000 | 43,624,000 |
| Noninterest-bearing deposits | 6,515,000 | 5,880,000 | 6,092,000 | 8,620,000 |
| Equity capital | 4,595,000 | 4,697,000 | 4,827,000 | 4,895,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 879,000 | 1,754,000 | 2,625,000 | 3,501,000 |
| Interest expense | 379,000 | 721,000 | 1,029,000 | 1,353,000 |
| Net interest income | 500,000 | 1,033,000 | 1,596,000 | 2,148,000 |
| Noninterest income | 64,000 | 131,000 | 196,000 | 266,000 |
| Noninterest expense | 385,000 | 792,000 | 1,243,000 | 1,702,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 179,000 | 372,000 | 549,000 | 712,000 |
| Income tax | 52,000 | 109,000 | 160,000 | 206,000 |
| Net income | 127,000 | 263,000 | 389,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,364,000 | 4,501,000 | 4,635,000 | 4,679,000 |
| Total capital | 4,889,000 | 5,051,000 | 5,226,000 | 5,274,000 |
| Risk-weighted assets | 41,851,000 | 43,580,000 | 47,569,000 | 47,611,000 |