Valley Bank has agreed to pay a civil penalty of $12,000 to the Federal Deposit Insurance Corp. for violations of federal banking laws related to how some loans made in 2004 and 2005 were reported.

In an order dated Nov. 12 that was posted online Tuesday by the FDIC, the Moline, Ill.-based bank entered into a consent agreement to pay the penalty without admitting or denying the violations. The FDIC found that Valley Bank:

– omitted information related to certain loans recorded in its Loan Application Registers (LARS) for calendar years 2004 and 2005;

– submitted inaccurate information on its LARS for calendar years 2004 and 2005; and

– failed to include certain loans on its LARS for calendar years 2004 and 2005.

Denny Hanson, Valley Bank’s regional president for Des Moines, said the violations were the result of “an operational and a procedural miscue” in how reports were filed in those two years, and that the correct reports have now been submitted. No bank clients were affected by the incorrect reporting, he said.

The bank, which reported $702.6 million in assets and $2 million in income for the third quarter, operates 18 branches in Iowa, including four in Greater Des Moines.