Call reports 2021
BANK OF THE VALLEY — 2021
What BANK OF THE VALLEY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 377,577,000 | 408,270,000 | 412,276,000 | 429,902,000 |
| Total loans | 301,082,000 | 322,695,000 | 337,296,000 | 356,991,000 |
| Allowance for loan losses | 3,741,000 | 4,011,000 | 4,102,000 | 4,198,000 |
| Securities available for sale | 33,710,000 | 38,279,000 | 28,730,000 | 37,164,000 |
| Securities held to maturity | 84,000 | 84,000 | 77,000 | 77,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,579,000 | 354,123,000 | 358,246,000 | 376,270,000 |
| Interest-bearing deposits | 276,577,000 | 302,067,000 | 298,074,000 | 308,746,000 |
| Noninterest-bearing deposits | 48,002,000 | 52,056,000 | 60,172,000 | 67,524,000 |
| Equity capital | 32,201,000 | 33,717,000 | 35,613,000 | 37,020,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,516,000 | 7,297,000 | 11,438,000 | 15,710,000 |
| Interest expense | 671,000 | 1,269,000 | 1,853,000 | 2,397,000 |
| Net interest income | 2,845,000 | 6,028,000 | 9,585,000 | 13,313,000 |
| Noninterest income | 421,000 | 1,566,000 | 3,014,000 | 3,694,000 |
| Noninterest expense | 2,249,000 | 4,851,000 | 7,373,000 | 9,917,000 |
| Provision for loan losses | 90,000 | 360,000 | 450,000 | 540,000 |
| Pretax income | 927,000 | 2,383,000 | 4,837,000 | 6,611,000 |
| Income tax | 195,000 | 498,000 | 1,020,000 | 1,391,000 |
| Net income | 732,000 | 1,885,000 | 3,817,000 | 5,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,630,000 | 32,067,000 | 34,050,000 | 35,504,000 |
| Total capital | 34,195,000 | 36,026,000 | 38,152,000 | 39,702,000 |
| Risk-weighted assets | 285,099,000 | 316,736,000 | 335,312,000 | 364,041,000 |