Call reports 2014
BANK OF THE VALLEY — 2014
What BANK OF THE VALLEY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 131,400,000 | 141,815,000 | 148,419,000 | 151,446,000 |
| Total loans | 103,656,000 | 114,739,000 | 120,849,000 | 122,282,000 |
| Allowance for loan losses | 1,561,000 | 1,643,000 | 1,739,000 | 1,857,000 |
| Securities available for sale | 21,520,000 | 21,284,000 | 21,364,000 | 19,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,354,000 | 115,405,000 | 114,843,000 | 119,111,000 |
| Interest-bearing deposits | 94,757,000 | 96,890,000 | 96,882,000 | 102,022,000 |
| Noninterest-bearing deposits | 17,597,000 | 18,515,000 | 17,961,000 | 17,089,000 |
| Equity capital | 11,492,000 | 13,570,000 | 14,033,000 | 14,206,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,345,000 | 2,833,000 | 4,416,000 | 6,035,000 |
| Interest expense | 221,000 | 463,000 | 708,000 | 968,000 |
| Net interest income | 1,124,000 | 2,370,000 | 3,708,000 | 5,067,000 |
| Noninterest income | 66,000 | 159,000 | 258,000 | 329,000 |
| Noninterest expense | 769,000 | 1,550,000 | 2,332,000 | 3,239,000 |
| Provision for loan losses | 84,000 | 168,000 | 262,000 | 376,000 |
| Pretax income | 338,000 | 815,000 | 1,404,000 | 1,802,000 |
| Income tax | 98,000 | 236,000 | 412,000 | 528,000 |
| Net income | 240,000 | 579,000 | 992,000 | 1,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,814,000 | 13,659,000 | 14,054,000 | 14,156,000 |
| Total capital | 13,251,000 | 15,150,000 | 15,601,000 | 15,730,000 |
| Risk-weighted assets | 114,837,000 | 119,155,000 | 129,319,000 | 131,662,000 |