Call reports 2003
VALLEY BUSINESS BANK — 2003
What VALLEY BUSINESS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 119,823,000 | 129,500,000 | 133,645,000 | 139,565,000 |
| Total loans | 80,180,000 | 92,792,000 | 95,193,000 | 102,570,000 |
| Allowance for loan losses | 1,136,000 | 1,242,000 | 1,346,000 | 1,393,000 |
| Securities available for sale | 22,437,000 | 17,113,000 | 21,157,000 | 21,888,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,537,000 | 110,549,000 | 114,238,000 | 119,886,000 |
| Interest-bearing deposits | 74,527,000 | 79,450,000 | 78,657,000 | 79,863,000 |
| Noninterest-bearing deposits | 31,010,000 | 31,099,000 | 35,581,000 | 40,023,000 |
| Equity capital | 10,354,000 | 13,243,000 | 13,352,000 | 13,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,682,000 | 3,460,000 | 5,286,000 | 7,225,000 |
| Interest expense | 333,000 | 674,000 | 1,002,000 | 1,321,000 |
| Net interest income | 1,349,000 | 2,786,000 | 4,284,000 | 5,904,000 |
| Noninterest income | 195,000 | 436,000 | 684,000 | 828,000 |
| Noninterest expense | 1,074,000 | 2,190,000 | 3,346,000 | 4,491,000 |
| Provision for loan losses | 35,000 | 140,000 | 245,000 | 315,000 |
| Pretax income | 479,000 | 989,000 | 1,508,000 | 2,057,000 |
| Income tax | 174,000 | 378,000 | 587,000 | 770,000 |
| Net income | 305,000 | 611,000 | 921,000 | 1,287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,881,000 | 12,804,000 | 13,129,000 | 13,511,000 |
| Total capital | 10,949,000 | 14,018,000 | 14,374,000 | 14,838,000 |
| Risk-weighted assets | 85,360,000 | 97,060,000 | 99,498,000 | 106,049,000 |