Call reports 2002
VALENCIA BANK & TRUST — 2002
What VALENCIA BANK & TRUST reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Total assets | 258,654,000 | 267,209,000 | 266,452,000 |
| Total loans | 160,427,000 | 164,019,000 | 163,118,000 |
| Allowance for loan losses | 2,443,000 | 2,591,000 | 2,774,000 |
| Securities available for sale | 919,000 | 664,000 | 409,000 |
| Securities held to maturity | 45,417,000 | 47,521,000 | 45,336,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 220,043,000 | 232,427,000 | 226,964,000 |
| Interest-bearing deposits | 138,570,000 | 139,515,000 | 136,903,000 |
| Noninterest-bearing deposits | 81,473,000 | 92,912,000 | 90,061,000 |
| Equity capital | 19,553,000 | 20,416,000 | 21,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Interest income | 3,477,000 | 7,057,000 | 10,599,000 |
| Interest expense | 772,000 | 1,467,000 | 2,128,000 |
| Net interest income | 2,705,000 | 5,590,000 | 8,471,000 |
| Noninterest income | 777,000 | 1,566,000 | 2,467,000 |
| Noninterest expense | 2,048,000 | 4,107,000 | 6,489,000 |
| Provision for loan losses | 280,000 | 436,000 | 616,000 |
| Pretax income | 1,154,000 | 2,613,000 | 3,833,000 |
| Income tax | 479,000 | 1,084,000 | 1,704,000 |
| Net income | 675,000 | 1,529,000 | 2,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Tier 1 capital | 19,542,000 | 20,408,000 | 21,532,000 |
| Total capital | 21,950,000 | 22,876,000 | 24,002,000 |
| Risk-weighted assets | 192,558,000 | 197,306,000 | 197,188,000 |