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 | 616,008,000 | 696,101,000 | 702,568,000 | 703,483,000 |
| Total loans | 420,699,000 | 495,314,000 | 483,396,000 | 480,180,000 |
| Allowance for loan losses | 4,763,000 | 8,219,000 | 7,150,000 | 6,424,000 |
| Securities available for sale | 71,207,000 | 57,036,000 | 71,853,000 | 67,858,000 |
| Securities held to maturity | 66,322,000 | 73,621,000 | 71,638,000 | 69,581,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,910,000 | 527,782,000 | 538,203,000 | 541,221,000 |
| Interest-bearing deposits | 378,967,000 | 467,317,000 | 484,124,000 | 487,266,000 |
| Noninterest-bearing deposits | 73,943,000 | 60,465,000 | 54,079,000 | 53,955,000 |
| Equity capital | 48,043,000 | 51,159,000 | 50,903,000 | 51,713,000 |
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 | 9,336,000 | 19,200,000 | 28,950,000 | 38,387,000 |
| Interest expense | 5,083,000 | 10,117,000 | 14,951,000 | 19,649,000 |
| Net interest income | 4,253,000 | 9,083,000 | 13,999,000 | 18,738,000 |
| Noninterest income | 2,071,000 | 4,281,000 | 5,612,000 | 7,528,000 |
| Noninterest expense | 4,457,000 | 9,604,000 | 15,357,000 | 21,138,000 |
| Provision for loan losses | 400,000 | 1,095,000 | 1,869,000 | 2,269,000 |
| Pretax income | 1,466,000 | 2,850,000 | 2,830,000 | 2,161,000 |
| Income tax | 451,000 | 863,000 | 836,000 | 98,000 |
| Net income | 1,015,000 | 1,987,000 | 1,994,000 | 2,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,633,000 | 50,202,000 | 49,820,000 | 50,093,000 |
| Total capital | 51,396,000 | 57,230,000 | 56,785,000 | 56,517,000 |
| Risk-weighted assets | 492,365,000 | 561,060,000 | 557,044,000 | 685,565,000 |