Call reports 2008
VALLEY BUSINESS BANK — 2008
What VALLEY BUSINESS 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 | 289,590,000 | 309,371,000 | 305,945,000 | 305,953,000 |
| Total loans | 212,819,000 | 218,551,000 | 227,788,000 | 229,941,000 |
| Allowance for loan losses | 2,146,000 | 2,565,000 | 2,841,000 | 3,244,000 |
| Securities available for sale | 49,963,000 | 42,805,000 | 41,961,000 | 42,018,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,650,000 | 262,286,000 | 258,787,000 | 257,531,000 |
| Interest-bearing deposits | 203,704,000 | 234,600,000 | 234,768,000 | 227,693,000 |
| Noninterest-bearing deposits | 25,946,000 | 27,686,000 | 24,019,000 | 29,838,000 |
| Equity capital | 31,414,000 | 31,391,000 | 31,600,000 | 32,847,000 |
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 | 4,460,000 | 8,944,000 | 13,472,000 | 17,855,000 |
| Interest expense | 1,430,000 | 2,741,000 | 4,182,000 | 5,500,000 |
| Net interest income | 3,030,000 | 6,203,000 | 9,290,000 | 12,355,000 |
| Noninterest income | 279,000 | 592,000 | 890,000 | 1,158,000 |
| Noninterest expense | 2,147,000 | 4,319,000 | 6,484,000 | 8,669,000 |
| Provision for loan losses | 400,000 | 800,000 | 1,200,000 | 1,600,000 |
| Pretax income | 762,000 | 1,722,000 | 2,542,000 | 3,290,000 |
| Income tax | 232,000 | 543,000 | 801,000 | 1,026,000 |
| Net income | 530,000 | 1,179,000 | 1,741,000 | 2,264,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,977,000 | 31,636,000 | 32,217,000 | 32,751,000 |
| Total capital | 33,163,000 | 34,241,000 | 35,098,000 | 35,990,000 |
| Risk-weighted assets | 240,265,000 | 254,356,000 | 258,170,000 | 259,092,000 |