Call reports 2024
SPRINGS VALLEY BANK & TRUST COMPANY — 2024
What SPRINGS VALLEY BANK & TRUST COMPANY 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 | 602,099,000 | 622,662,000 | 621,635,000 | 638,710,000 |
| Total loans | 482,852,000 | 487,124,000 | 489,054,000 | 479,500,000 |
| Allowance for loan losses | 6,765,000 | 6,856,000 | 6,879,000 | 6,776,000 |
| Securities available for sale | 61,648,000 | 62,893,000 | 65,369,000 | 65,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 523,800,000 | 535,767,000 | 549,897,000 | 565,538,000 |
| Interest-bearing deposits | 502,730,000 | 517,035,000 | 529,211,000 | 544,937,000 |
| Noninterest-bearing deposits | 21,070,000 | 18,732,000 | 20,686,000 | 20,601,000 |
| Equity capital | 59,013,000 | 60,459,000 | 62,886,000 | 63,282,000 |
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 | 8,083,000 | 16,350,000 | 24,950,000 | 33,566,000 |
| Interest expense | 3,930,000 | 8,044,000 | 12,330,000 | 16,478,000 |
| Net interest income | 4,153,000 | 8,306,000 | 12,620,000 | 17,088,000 |
| Noninterest income | 2,295,000 | 5,154,000 | 7,787,000 | 10,400,000 |
| Noninterest expense | 4,888,000 | 9,887,000 | 15,044,000 | 20,619,000 |
| Provision for loan losses | 12,000 | 94,000 | 106,000 | 129,000 |
| Pretax income | 1,548,000 | 3,479,000 | 5,257,000 | 6,747,000 |
| Income tax | 218,000 | 533,000 | 802,000 | 992,000 |
| Net income | 1,330,000 | 2,946,000 | 4,455,000 | 5,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,342,000 | 64,958,000 | 66,467,000 | 67,751,000 |
| Total capital | 70,225,000 | 71,941,000 | 73,450,000 | 74,678,000 |
| Risk-weighted assets | 540,419,000 | 548,440,000 | 548,409,000 | 543,972,000 |