Call reports 2015
VALLEY BUSINESS BANK — 2015
What VALLEY BUSINESS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 418,644,000 | 401,993,000 | 401,434,000 | 420,993,000 |
| Total loans | 263,906,000 | 273,873,000 | 289,212,000 | 301,856,000 |
| Allowance for loan losses | 3,328,000 | 3,393,000 | 3,356,000 | 3,343,000 |
| Securities available for sale | 74,647,000 | 74,691,000 | 71,675,000 | 71,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,446,000 | 353,908,000 | 351,904,000 | 352,596,000 |
| Interest-bearing deposits | 214,276,000 | 195,928,000 | 195,631,000 | 196,528,000 |
| Noninterest-bearing deposits | 156,170,000 | 157,980,000 | 156,273,000 | 156,068,000 |
| Equity capital | 44,584,000 | 44,232,000 | 45,265,000 | 46,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,834,000 | 7,831,000 | 11,908,000 | 16,616,000 |
| Interest expense | 190,000 | 360,000 | 519,000 | 681,000 |
| Net interest income | 3,644,000 | 7,471,000 | 11,389,000 | 15,935,000 |
| Noninterest income | 333,000 | 655,000 | 1,442,000 | 1,784,000 |
| Noninterest expense | 2,596,000 | 5,293,000 | 7,937,000 | 10,688,000 |
| Provision for loan losses | 0 | 0 | 0 | -400,000 |
| Pretax income | 1,381,000 | 2,892,000 | 5,034,000 | 7,571,000 |
| Income tax | 432,000 | 945,000 | 1,706,000 | 2,633,000 |
| Net income | 949,000 | 1,947,000 | 3,328,000 | 4,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,790,000 | 44,038,000 | 44,868,000 | 45,878,000 |
| Total capital | 46,802,000 | 47,153,000 | 48,261,000 | 49,258,000 |
| Risk-weighted assets | 285,380,000 | 298,489,000 | 310,484,000 | 321,849,000 |