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 | 296,263,000 | 322,707,000 | 322,086,000 | 338,602,000 |
| Total loans | 199,349,000 | 219,794,000 | 208,704,000 | 229,837,000 |
| Allowance for loan losses | 2,014,000 | 2,030,000 | 2,095,000 | 2,162,000 |
| Securities available for sale | 68,458,000 | 67,785,000 | 77,527,000 | 67,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,449,000 | 245,210,000 | 248,847,000 | 267,403,000 |
| Interest-bearing deposits | 194,744,000 | 218,301,000 | 220,880,000 | 226,099,000 |
| Noninterest-bearing deposits | 27,705,000 | 26,909,000 | 27,967,000 | 41,304,000 |
| Equity capital | 22,226,000 | 23,399,000 | 23,788,000 | 24,920,000 |
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 | 4,039,000 | 8,200,000 | 12,556,000 | 17,032,000 |
| Interest expense | 1,813,000 | 3,660,000 | 5,478,000 | 7,188,000 |
| Net interest income | 2,226,000 | 4,540,000 | 7,078,000 | 9,844,000 |
| Noninterest income | 1,483,000 | 3,302,000 | 5,002,000 | 6,212,000 |
| Noninterest expense | 2,695,000 | 5,668,000 | 8,773,000 | 11,804,000 |
| Provision for loan losses | 150,000 | 350,000 | 550,000 | 650,000 |
| Pretax income | 1,031,000 | 1,981,000 | 2,914,000 | 3,741,000 |
| Income tax | 299,000 | 580,000 | 827,000 | 1,031,000 |
| Net income | 732,000 | 1,401,000 | 2,087,000 | 2,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,884,000 | 21,552,000 | 22,437,000 | 23,659,000 |
| Total capital | 22,898,000 | 23,582,000 | 24,532,000 | 25,821,000 |
| Risk-weighted assets | 216,274,000 | 237,053,000 | 237,702,000 | 256,121,000 |