Call reports 2016
VALLEY BUSINESS BANK — 2016
What VALLEY BUSINESS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 411,784,000 | 415,322,000 | 429,396,000 | 421,614,000 |
| Total loans | 302,213,000 | 303,278,000 | 309,815,000 | 318,711,000 |
| Allowance for loan losses | 3,363,000 | 3,396,000 | 3,412,000 | 3,438,000 |
| Securities available for sale | 65,639,000 | 60,787,000 | 49,131,000 | 45,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 360,411,000 | 363,135,000 | 375,726,000 | 367,503,000 |
| Interest-bearing deposits | 199,488,000 | 200,559,000 | 200,151,000 | 196,204,000 |
| Noninterest-bearing deposits | 160,923,000 | 162,576,000 | 175,575,000 | 171,299,000 |
| Equity capital | 47,098,000 | 48,154,000 | 48,924,000 | 49,368,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,078,000 | 8,190,000 | 12,315,000 | 16,488,000 |
| Interest expense | 160,000 | 322,000 | 486,000 | 650,000 |
| Net interest income | 3,918,000 | 7,868,000 | 11,829,000 | 15,838,000 |
| Noninterest income | 311,000 | 672,000 | 1,082,000 | 1,603,000 |
| Noninterest expense | 2,905,000 | 5,716,000 | 8,820,000 | 11,489,000 |
| Provision for loan losses | -550,000 | -550,000 | -770,000 | -770,000 |
| Pretax income | 1,934,000 | 3,498,000 | 5,319,000 | 7,180,000 |
| Income tax | 682,000 | 1,079,000 | 1,763,000 | 2,572,000 |
| Net income | 1,252,000 | 2,419,000 | 3,556,000 | 4,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,507,000 | 47,274,000 | 48,410,000 | 49,463,000 |
| Total capital | 49,907,000 | 50,707,000 | 51,859,000 | 52,938,000 |
| Risk-weighted assets | 317,806,000 | 317,377,000 | 321,356,000 | 329,168,000 |