Call reports 2024
VALLIANCE BANK — 2024
What VALLIANCE BANK 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 | 644,637,000 | 667,748,000 | 693,240,000 | 713,854,000 |
| Total loans | 562,392,000 | 586,125,000 | 580,723,000 | 586,348,000 |
| Allowance for loan losses | 6,334,000 | 6,590,000 | 6,410,000 | 6,509,000 |
| Securities available for sale | 41,165,000 | 40,591,000 | 41,787,000 | 45,966,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 513,258,000 | 547,746,000 | 583,172,000 | 601,935,000 |
| Interest-bearing deposits | 368,915,000 | 382,786,000 | 421,384,000 | 464,814,000 |
| Noninterest-bearing deposits | 144,343,000 | 164,960,000 | 161,788,000 | 137,121,000 |
| Equity capital | 55,661,000 | 57,227,000 | 60,197,000 | 62,989,000 |
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 | 9,479,000 | 19,457,000 | 29,977,000 | 40,592,000 |
| Interest expense | 3,632,000 | 7,732,000 | 11,992,000 | 16,133,000 |
| Net interest income | 5,847,000 | 11,725,000 | 17,985,000 | 24,459,000 |
| Noninterest income | 499,000 | 1,130,000 | 1,596,000 | 2,598,000 |
| Noninterest expense | 5,010,000 | 10,048,000 | 15,034,000 | 20,458,000 |
| Provision for loan losses | 787,000 | 999,000 | 1,081,000 | 1,114,000 |
| Pretax income | 628,000 | 2,038,000 | 3,534,000 | 5,666,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 628,000 | 2,038,000 | 3,534,000 | 5,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,623,000 | 61,891,000 | 63,245,000 | 67,733,000 |