Call reports 2023
VALLEY CENTRAL BANK — 2023
What VALLEY CENTRAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 155,621,000 | 159,872,000 | 165,112,000 | 168,199,000 |
| Total loans | 129,164,000 | 134,580,000 | 141,154,000 | 143,316,000 |
| Allowance for loan losses | 1,752,000 | 1,752,000 | 1,753,000 | 1,753,000 |
| Securities available for sale | 13,338,000 | 12,184,000 | 11,399,000 | 10,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,738,000 | 112,012,000 | 113,647,000 | 117,200,000 |
| Interest-bearing deposits | 79,999,000 | 81,569,000 | 84,211,000 | 87,406,000 |
| Noninterest-bearing deposits | 30,739,000 | 30,443,000 | 29,436,000 | 29,794,000 |
| Equity capital | 36,134,000 | 36,127,000 | 36,045,000 | 36,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,552,000 | 3,222,000 | 5,017,000 | 6,911,000 |
| Interest expense | 227,000 | 626,000 | 1,168,000 | 1,814,000 |
| Net interest income | 1,325,000 | 2,596,000 | 3,849,000 | 5,097,000 |
| Noninterest income | 101,000 | 227,000 | 367,000 | 478,000 |
| Noninterest expense | 1,359,000 | 2,722,000 | 4,044,000 | 5,414,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 74,000 | 108,000 | 179,000 | 168,000 |
| Income tax | 10,000 | 12,000 | 21,000 | 10,000 |
| Net income | 64,000 | 96,000 | 158,000 | 158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,371,000 | 36,413,000 | 36,485,000 | 36,495,000 |