Call reports 2006
VANTAGESOUTH BANK — 2006
What VANTAGESOUTH BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 444,676,000 | 470,383,000 | 492,991,000 | 507,826,000 |
| Total loans | 355,806,000 | 365,174,000 | 392,151,000 | 406,204,000 |
| Allowance for loan losses | 4,621,000 | 4,772,000 | 4,885,000 | 5,160,000 |
| Securities available for sale | 59,263,000 | 64,397,000 | 67,481,000 | 68,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 360,200,000 | 380,258,000 | 395,912,000 | 399,806,000 |
| Interest-bearing deposits | 310,279,000 | 327,967,000 | 336,789,000 | 340,954,000 |
| Noninterest-bearing deposits | 49,921,000 | 52,292,000 | 59,123,000 | 58,852,000 |
| Equity capital | 39,861,000 | 40,383,000 | 43,817,000 | 44,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 7,124,000 | 14,939,000 | 23,412,000 | 32,364,000 |
| Interest expense | 3,061,000 | 6,643,000 | 10,721,000 | 15,043,000 |
| Net interest income | 4,063,000 | 8,296,000 | 12,691,000 | 17,321,000 |
| Noninterest income | 567,000 | 1,162,000 | 1,821,000 | 2,447,000 |
| Noninterest expense | 2,849,000 | 5,931,000 | 9,136,000 | 12,356,000 |
| Provision for loan losses | 270,000 | 435,000 | 615,000 | 892,000 |
| Pretax income | 1,511,000 | 3,092,000 | 4,761,000 | 6,520,000 |
| Income tax | 539,000 | 1,108,000 | 1,702,000 | 2,326,000 |
| Net income | 972,000 | 1,984,000 | 3,059,000 | 4,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,937,000 | 37,990,000 | 40,606,000 | 41,774,000 |
| Total capital | 41,558,000 | 42,762,000 | 45,491,000 | 46,980,000 |
| Risk-weighted assets | 405,380,000 | 420,938,000 | 440,028,000 | 457,995,000 |
Machine access — free, no API key
Every figure shown here about VANTAGESOUTH BANK — 2006 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.