Call reports 2001
MAGIC VALLEY BANK — 2001
What MAGIC VALLEY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 52,962,000 | 49,401,000 | 61,132,000 | 54,747,000 |
| Total loans | 38,894,000 | 40,022,000 | 40,592,000 | 39,404,000 |
| Allowance for loan losses | 682,000 | 603,000 | 667,000 | 579,000 |
| Securities available for sale | 1,008,000 | 2,037,000 | 1,815,000 | 2,299,000 |
| Securities held to maturity | 1,000,000 | 250,000 | 0 | 254,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,382,000 | 41,770,000 | 53,478,000 | 47,038,000 |
| Interest-bearing deposits | 39,270,000 | 36,231,000 | 39,350,000 | 39,219,000 |
| Noninterest-bearing deposits | 6,112,000 | 5,539,000 | 14,128,000 | 7,819,000 |
| Equity capital | 5,727,000 | 5,857,000 | 5,888,000 | 5,944,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,128,000 | 2,221,000 | 3,248,000 | 4,152,000 |
| Interest expense | 579,000 | 1,096,000 | 1,551,000 | 1,925,000 |
| Net interest income | 549,000 | 1,125,000 | 1,697,000 | 2,227,000 |
| Noninterest income | -108,000 | 44,000 | 192,000 | 390,000 |
| Noninterest expense | 570,000 | 1,150,000 | 1,742,000 | 2,335,000 |
| Provision for loan losses | 145,000 | 175,000 | 295,000 | 370,000 |
| Pretax income | -274,000 | -156,000 | -148,000 | -67,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -274,000 | -156,000 | -148,000 | -67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,708,000 | 5,838,000 | 5,850,000 | 5,930,000 |
| Total capital | 6,238,000 | 6,364,000 | 6,411,000 | 6,482,000 |
| Risk-weighted assets | 42,234,000 | 41,993,000 | 44,770,000 | 44,124,000 |