Call reports 2024
BANK OF THE VALLEY — 2024
What BANK OF THE VALLEY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 521,408,000 | 536,443,000 | 529,314,000 | 525,990,000 |
| Total loans | 423,734,000 | 430,944,000 | 447,692,000 | 442,771,000 |
| Allowance for loan losses | 8,492,000 | 7,770,000 | 6,790,000 | 6,567,000 |
| Securities available for sale | 51,845,000 | 50,837,000 | 52,287,000 | 49,040,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 467,193,000 | 480,934,000 | 463,208,000 | 461,176,000 |
| Interest-bearing deposits | 415,877,000 | 434,878,000 | 416,255,000 | 412,446,000 |
| Noninterest-bearing deposits | 51,316,000 | 46,056,000 | 46,953,000 | 48,730,000 |
| Equity capital | 44,626,000 | 45,741,000 | 47,294,000 | 47,446,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,661,000 | 15,879,000 | 24,509,000 | 32,806,000 |
| Interest expense | 3,612,000 | 7,556,000 | 11,686,000 | 15,698,000 |
| Net interest income | 4,049,000 | 8,323,000 | 12,823,000 | 17,108,000 |
| Noninterest income | 260,000 | 566,000 | 925,000 | 1,659,000 |
| Noninterest expense | 3,540,000 | 7,082,000 | 10,918,000 | 14,822,000 |
| Provision for loan losses | 533,000 | -180,000 | -903,000 | -1,188,000 |
| Pretax income | 236,000 | 1,987,000 | 3,733,000 | 5,248,000 |
| Income tax | 6,000 | 357,000 | 706,000 | 1,025,000 |
| Net income | 230,000 | 1,630,000 | 3,027,000 | 4,223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,617,000 | 47,868,000 | 49,066,000 | 49,713,000 |
| Total capital | 51,930,000 | 53,310,000 | 54,762,000 | 55,361,000 |
| Risk-weighted assets | 421,876,000 | 433,042,000 | 454,582,000 | 450,980,000 |