Call reports 2008
VALLIANCE BANK — 2008
What VALLIANCE 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 | 35,949,000 | 51,882,000 | 73,534,000 | 116,529,000 |
| Total loans | 33,713,000 | 50,428,000 | 65,521,000 | 101,491,000 |
| Allowance for loan losses | 345,000 | 447,000 | 523,000 | 649,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,165,000 | 33,892,000 | 55,171,000 | 98,283,000 |
| Interest-bearing deposits | 24,669,000 | 30,836,000 | 52,522,000 | 95,986,000 |
| Noninterest-bearing deposits | 2,497,000 | 3,056,000 | 2,649,000 | 2,297,000 |
| Equity capital | 8,578,000 | 8,304,000 | 8,167,000 | 8,034,000 |
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 | 680,000 | 1,467,000 | 2,522,000 | 3,744,000 |
| Interest expense | 256,000 | 574,000 | 1,029,000 | 1,607,000 |
| Net interest income | 424,000 | 893,000 | 1,493,000 | 2,137,000 |
| Noninterest income | 3,000 | 8,000 | 60,000 | 113,000 |
| Noninterest expense | 540,000 | 1,185,000 | 1,829,000 | 2,523,000 |
| Provision for loan losses | 58,000 | 160,000 | 306,000 | 441,000 |
| Pretax income | -171,000 | -444,000 | -582,000 | -714,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -171,000 | -444,000 | -582,000 | -714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,578,000 | 8,304,000 | 8,167,000 | 8,034,000 |
| Total capital | 8,923,000 | 8,751,000 | 8,690,000 | 8,683,000 |
| Risk-weighted assets | 34,905,000 | 51,798,000 | 69,737,000 | 82,765,000 |