Call reports 2013
VALLEY BUSINESS BANK — 2013
What VALLEY BUSINESS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 363,424,000 | 368,286,000 | 357,823,000 | 364,936,000 |
| Total loans | 226,178,000 | 237,636,000 | 236,527,000 | 238,501,000 |
| Allowance for loan losses | 5,195,000 | 3,769,000 | 3,893,000 | 3,867,000 |
| Securities available for sale | 51,948,000 | 56,895,000 | 65,733,000 | 66,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 318,888,000 | 322,480,000 | 311,220,000 | 318,079,000 |
| Interest-bearing deposits | 196,142,000 | 198,642,000 | 187,436,000 | 194,071,000 |
| Noninterest-bearing deposits | 122,746,000 | 123,838,000 | 123,784,000 | 124,008,000 |
| Equity capital | 41,025,000 | 41,691,000 | 42,041,000 | 42,428,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,471,000 | 6,980,000 | 10,600,000 | 14,266,000 |
| Interest expense | 210,000 | 398,000 | 571,000 | 745,000 |
| Net interest income | 3,261,000 | 6,582,000 | 10,029,000 | 13,521,000 |
| Noninterest income | 297,000 | 611,000 | 927,000 | 1,230,000 |
| Noninterest expense | 2,408,000 | 4,731,000 | 7,039,000 | 9,576,000 |
| Provision for loan losses | 0 | -1,500,000 | -1,500,000 | -1,500,000 |
| Pretax income | 1,276,000 | 4,088,000 | 5,543,000 | 6,801,000 |
| Income tax | 403,000 | 1,450,000 | 1,895,000 | 2,268,000 |
| Net income | 873,000 | 2,638,000 | 3,648,000 | 4,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,191,000 | 41,464,000 | 41,982,000 | 42,575,000 |
| Total capital | 43,331,000 | 44,656,000 | 45,279,000 | 45,887,000 |
| Risk-weighted assets | 249,143,000 | 254,712,000 | 263,113,000 | 264,371,000 |