Call reports 2003
VALLEY BANK — 2003
What VALLEY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 266,471,000 | 286,454,000 | 302,800,000 | 308,842,000 |
| Total loans | 195,042,000 | 202,579,000 | 212,545,000 | 222,598,000 |
| Allowance for loan losses | 2,262,000 | 2,360,000 | 2,356,000 | 2,566,000 |
| Securities available for sale | 20,120,000 | 31,019,000 | 40,777,000 | 40,066,000 |
| Securities held to maturity | 20,023,000 | 23,583,000 | 22,201,000 | 22,986,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,946,000 | 207,858,000 | 219,557,000 | 223,181,000 |
| Interest-bearing deposits | 157,028,000 | 171,292,000 | 179,311,000 | 186,513,000 |
| Noninterest-bearing deposits | 35,918,000 | 36,566,000 | 40,246,000 | 36,668,000 |
| Equity capital | 19,335,000 | 24,226,000 | 24,601,000 | 25,186,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,633,000 | 7,369,000 | 11,275,000 | 15,213,000 |
| Interest expense | 1,330,000 | 2,774,000 | 4,220,000 | 5,663,000 |
| Net interest income | 2,303,000 | 4,595,000 | 7,055,000 | 9,550,000 |
| Noninterest income | 296,000 | 638,000 | 1,004,000 | 1,309,000 |
| Noninterest expense | 1,671,000 | 3,228,000 | 4,868,000 | 6,354,000 |
| Provision for loan losses | 258,000 | 356,000 | 471,000 | 966,000 |
| Pretax income | 677,000 | 1,656,000 | 2,727,000 | 3,546,000 |
| Income tax | 90,000 | 324,000 | 627,000 | 831,000 |
| Net income | 587,000 | 1,332,000 | 2,100,000 | 2,715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,066,000 | 23,691,000 | 24,417,000 | 24,989,000 |
| Total capital | 21,328,000 | 26,051,000 | 26,773,000 | 27,555,000 |
| Risk-weighted assets | 213,499,000 | 224,209,000 | 236,268,000 | 246,728,000 |