Call reports 2003
VALLEY CENTRAL BANK — 2003
What VALLEY CENTRAL 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 | 83,864,000 | 83,676,000 | 82,486,000 | 81,496,000 |
| Total loans | 54,950,000 | 53,072,000 | 52,239,000 | 52,050,000 |
| Allowance for loan losses | 254,000 | 257,000 | 260,000 | 263,000 |
| Securities available for sale | 12,227,000 | 12,102,000 | 12,371,000 | 14,070,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,663,000 | 61,408,000 | 59,945,000 | 58,692,000 |
| Interest-bearing deposits | 61,475,000 | 61,209,000 | 59,726,000 | 58,533,000 |
| Noninterest-bearing deposits | 188,000 | 199,000 | 219,000 | 159,000 |
| Equity capital | 20,759,000 | 20,975,000 | 21,217,000 | 21,519,000 |
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 | 1,158,000 | 2,263,000 | 3,338,000 | 4,339,000 |
| Interest expense | 400,000 | 777,000 | 1,112,000 | 1,409,000 |
| Net interest income | 758,000 | 1,486,000 | 2,226,000 | 2,930,000 |
| Noninterest income | 6,000 | 16,000 | 25,000 | 34,000 |
| Noninterest expense | 354,000 | 695,000 | 1,044,000 | 1,393,000 |
| Provision for loan losses | 2,000 | 5,000 | 8,000 | 11,000 |
| Pretax income | 515,000 | 909,000 | 1,306,000 | 1,667,000 |
| Income tax | 175,000 | 309,000 | 444,000 | 567,000 |
| Net income | 340,000 | 600,000 | 862,000 | 1,100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,005,000 | 20,265,000 | 20,527,000 | 20,765,000 |
| Total capital | 20,708,000 | 20,952,000 | 21,233,000 | 21,522,000 |
| Risk-weighted assets | 40,619,000 | 40,108,000 | 39,964,000 | 38,949,000 |