Call reports 2023
SPRINGS VALLEY BANK & TRUST COMPANY — 2023
What SPRINGS VALLEY BANK & TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 565,816,000 | 609,256,000 | 583,596,000 | 612,999,000 |
| Total loans | 464,267,000 | 470,422,000 | 474,813,000 | 484,047,000 |
| Allowance for loan losses | 7,106,000 | 7,147,000 | 6,972,000 | 6,962,000 |
| Securities available for sale | 58,148,000 | 58,794,000 | 58,119,000 | 61,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,041,000 | 534,666,000 | 508,895,000 | 534,221,000 |
| Interest-bearing deposits | 461,351,000 | 515,632,000 | 487,597,000 | 514,327,000 |
| Noninterest-bearing deposits | 20,690,000 | 19,034,000 | 21,298,000 | 19,894,000 |
| Equity capital | 60,265,000 | 61,478,000 | 60,976,000 | 64,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,747,000 | 14,137,000 | 21,676,000 | 29,595,000 |
| Interest expense | 2,172,000 | 5,041,000 | 8,098,000 | 11,682,000 |
| Net interest income | 4,575,000 | 9,096,000 | 13,578,000 | 17,913,000 |
| Noninterest income | 1,997,000 | 3,955,000 | 6,375,000 | 8,449,000 |
| Noninterest expense | 4,711,000 | 9,436,000 | 14,235,000 | 19,374,000 |
| Provision for loan losses | 242,000 | 344,000 | 481,000 | 593,000 |
| Pretax income | 1,619,000 | 3,271,000 | 5,237,000 | 6,445,000 |
| Income tax | 252,000 | 509,000 | 840,000 | 982,000 |
| Net income | 1,367,000 | 2,762,000 | 4,397,000 | 5,463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,431,000 | 65,827,000 | 66,962,000 | 68,012,000 |
| Total capital | 71,137,000 | 72,676,000 | 73,781,000 | 74,957,000 |
| Risk-weighted assets | 525,690,000 | 537,255,000 | 534,995,000 | 545,284,000 |