Call reports 2008
VALLEY CENTRAL BANK — 2008
What VALLEY CENTRAL 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 | 80,812,000 | 81,600,000 | 80,777,000 | 80,564,000 |
| Total loans | 53,676,000 | 53,771,000 | 54,902,000 | 54,759,000 |
| Allowance for loan losses | 240,000 | 254,000 | 270,000 | 325,000 |
| Securities available for sale | 8,066,000 | 8,767,000 | 8,947,000 | 9,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,247,000 | 55,044,000 | 54,231,000 | 53,943,000 |
| Interest-bearing deposits | 53,528,000 | 54,159,000 | 53,601,000 | 53,439,000 |
| Noninterest-bearing deposits | 719,000 | 885,000 | 630,000 | 504,000 |
| Equity capital | 25,238,000 | 25,225,000 | 25,211,000 | 25,368,000 |
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 | 1,116,000 | 2,191,000 | 3,279,000 | 4,325,000 |
| Interest expense | 459,000 | 895,000 | 1,305,000 | 1,697,000 |
| Net interest income | 657,000 | 1,296,000 | 1,974,000 | 2,628,000 |
| Noninterest income | 6,000 | -2,000 | 4,000 | -1,000 |
| Noninterest expense | 413,000 | 797,000 | 1,210,000 | 1,605,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 75,000 |
| Pretax income | 235,000 | 467,000 | 723,000 | 947,000 |
| Income tax | 80,000 | 159,000 | 246,000 | 322,000 |
| Net income | 155,000 | 308,000 | 477,000 | 625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,846,000 | 24,999,000 | 25,169,000 | 25,317,000 |
| Total capital | 25,296,000 | 25,387,000 | 25,445,000 | 25,642,000 |
| Risk-weighted assets | 39,846,000 | 40,323,000 | 40,785,000 | 40,284,000 |