Call reports 2014
VALLEY BUSINESS BANK — 2014
What VALLEY BUSINESS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 403,906,000 | 379,756,000 | 393,060,000 | 407,881,000 |
| Total loans | 248,063,000 | 250,328,000 | 258,205,000 | 267,806,000 |
| Allowance for loan losses | 3,880,000 | 3,208,000 | 3,299,000 | 3,298,000 |
| Securities available for sale | 67,274,000 | 66,650,000 | 66,617,000 | 68,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 356,268,000 | 330,036,000 | 342,664,000 | 359,649,000 |
| Interest-bearing deposits | 192,910,000 | 195,356,000 | 200,020,000 | 210,752,000 |
| Noninterest-bearing deposits | 163,358,000 | 134,680,000 | 142,644,000 | 148,897,000 |
| Equity capital | 43,455,000 | 45,084,000 | 45,738,000 | 43,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,656,000 | 7,466,000 | 11,149,000 | 15,022,000 |
| Interest expense | 180,000 | 355,000 | 534,000 | 716,000 |
| Net interest income | 3,476,000 | 7,111,000 | 10,615,000 | 14,306,000 |
| Noninterest income | 292,000 | 597,000 | 925,000 | 1,251,000 |
| Noninterest expense | 2,468,000 | 4,898,000 | 7,267,000 | 9,924,000 |
| Provision for loan losses | 0 | -1,000,000 | -1,000,000 | -1,000,000 |
| Pretax income | 1,376,000 | 3,965,000 | 5,529,000 | 6,879,000 |
| Income tax | 449,000 | 1,400,000 | 1,941,000 | 2,334,000 |
| Net income | 927,000 | 2,565,000 | 3,588,000 | 4,545,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,232,000 | 44,577,000 | 45,205,000 | 43,069,000 |
| Total capital | 46,657,000 | 47,785,000 | 48,101,000 | 46,009,000 |
| Risk-weighted assets | 273,509,000 | 272,401,000 | 277,544,000 | 289,077,000 |