Call reports 2020
VALLEY CENTRAL BANK — 2020
What VALLEY CENTRAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 156,220,000 | 156,262,000 | 155,284,000 | 153,663,000 |
| Total loans | 139,120,000 | 136,280,000 | 133,425,000 | 126,534,000 |
| Allowance for loan losses | 994,000 | 1,033,000 | 1,083,000 | 1,134,000 |
| Securities available for sale | 4,623,000 | 4,331,000 | 4,209,000 | 3,856,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,578,000 | 113,280,000 | 112,242,000 | 110,556,000 |
| Interest-bearing deposits | 83,119,000 | 85,244,000 | 85,129,000 | 84,330,000 |
| Noninterest-bearing deposits | 22,459,000 | 28,036,000 | 27,113,000 | 26,226,000 |
| Equity capital | 36,469,000 | 36,773,000 | 37,006,000 | 37,173,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,681,000 | 3,368,000 | 4,896,000 | 6,760,000 |
| Interest expense | 253,000 | 456,000 | 647,000 | 869,000 |
| Net interest income | 1,428,000 | 2,912,000 | 4,249,000 | 5,891,000 |
| Noninterest income | 517,000 | 1,105,000 | 1,930,000 | 2,701,000 |
| Noninterest expense | 1,495,000 | 3,150,000 | 4,977,000 | 7,105,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 400,000 | 767,000 | 1,027,000 | 1,270,000 |
| Income tax | 85,000 | 162,000 | 211,000 | 258,000 |
| Net income | 315,000 | 605,000 | 816,000 | 1,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,220,000 | 36,542,000 | 36,803,000 | 36,999,000 |