Call reports 2020
BANK OF THE VALLEY — 2020
What BANK OF THE VALLEY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 319,869,000 | 336,625,000 | 364,505,000 | 362,349,000 |
| Total loans | 248,668,000 | 274,268,000 | 293,595,000 | 280,369,000 |
| Allowance for loan losses | 3,198,000 | 3,461,000 | 3,541,000 | 3,652,000 |
| Securities available for sale | 41,286,000 | 28,564,000 | 34,185,000 | 34,387,000 |
| Securities held to maturity | 99,000 | 99,000 | 91,000 | 91,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,464,000 | 279,133,000 | 306,889,000 | 306,836,000 |
| Interest-bearing deposits | 234,204,000 | 243,780,000 | 267,403,000 | 265,944,000 |
| Noninterest-bearing deposits | 30,260,000 | 35,353,000 | 39,486,000 | 40,892,000 |
| Equity capital | 26,657,000 | 29,548,000 | 29,851,000 | 31,730,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,568,000 | 7,182,000 | 10,923,000 | 14,567,000 |
| Interest expense | 1,220,000 | 2,370,000 | 3,304,000 | 4,132,000 |
| Net interest income | 2,348,000 | 4,812,000 | 7,619,000 | 10,435,000 |
| Noninterest income | 217,000 | 448,000 | 659,000 | 1,152,000 |
| Noninterest expense | 1,816,000 | 3,631,000 | 5,740,000 | 7,835,000 |
| Provision for loan losses | 110,000 | 372,000 | 452,000 | 562,000 |
| Pretax income | 639,000 | 2,285,000 | 3,114,000 | 4,218,000 |
| Income tax | 134,000 | 116,000 | 298,000 | 531,000 |
| Net income | 505,000 | 2,169,000 | 2,816,000 | 3,687,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,914,000 | 27,979,000 | 28,118,000 | 29,968,000 |
| Total capital | 28,071,000 | 31,349,000 | 31,659,000 | 33,491,000 |
| Risk-weighted assets | 252,546,000 | 269,544,000 | 284,504,000 | 281,743,000 |