Call reports 2008
VALLEY BANK — 2008
What VALLEY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 609,310,000 | 625,463,000 | 638,125,000 | 668,407,000 |
| Total loans | 492,893,000 | 510,517,000 | 510,195,000 | 547,683,000 |
| Allowance for loan losses | 4,863,000 | 5,018,000 | 5,378,000 | 7,539,000 |
| Securities available for sale | 65,899,000 | 65,515,000 | 69,563,000 | 77,243,000 |
| Securities held to maturity | 14,412,000 | 11,847,000 | 11,101,000 | 10,001,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 431,034,000 | 453,122,000 | 466,015,000 | 485,354,000 |
| Interest-bearing deposits | 412,735,000 | 432,451,000 | 447,670,000 | 470,804,000 |
| Noninterest-bearing deposits | 18,299,000 | 20,671,000 | 18,345,000 | 14,550,000 |
| Equity capital | 49,435,000 | 49,311,000 | 50,402,000 | 50,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,384,000 | 18,114,000 | 27,037,000 | 35,840,000 |
| Interest expense | 5,075,000 | 9,488,000 | 14,002,000 | 18,129,000 |
| Net interest income | 4,309,000 | 8,626,000 | 13,035,000 | 17,711,000 |
| Noninterest income | 523,000 | 1,195,000 | 1,859,000 | 2,396,000 |
| Noninterest expense | 3,232,000 | 6,722,000 | 10,202,000 | 13,776,000 |
| Provision for loan losses | 291,000 | 679,000 | 1,114,000 | 3,270,000 |
| Pretax income | 1,295,000 | 2,406,000 | 3,564,000 | 3,047,000 |
| Income tax | 386,000 | 698,000 | 1,026,000 | 847,000 |
| Net income | 909,000 | 1,708,000 | 2,538,000 | 2,200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,059,000 | 49,857,000 | 50,686,000 | 50,350,000 |
| Total capital | 53,922,000 | 54,875,000 | 56,064,000 | 57,348,000 |
| Risk-weighted assets | 513,442,000 | 529,792,000 | 529,818,000 | 559,274,000 |