Call reports 2007
VANTAGESOUTH BANK — 2007
What VANTAGESOUTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 540,143,000 | 781,978,000 | 814,065,000 | 835,529,000 |
| Total loans | 432,070,000 | 608,319,000 | 651,654,000 | 675,916,000 |
| Allowance for loan losses | 5,366,000 | 7,536,000 | 8,190,000 | 8,273,000 |
| Securities available for sale | 70,736,000 | 88,241,000 | 89,799,000 | 90,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 425,610,000 | 619,226,000 | 597,816,000 | 607,184,000 |
| Interest-bearing deposits | 366,092,000 | 537,948,000 | 525,031,000 | 537,539,000 |
| Noninterest-bearing deposits | 59,518,000 | 81,278,000 | 72,785,000 | 69,645,000 |
| Equity capital | 47,710,000 | 92,627,000 | 94,842,000 | 98,267,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,252,000 | 26,413,000 | 40,538,000 | 54,991,000 |
| Interest expense | 4,649,000 | 13,284,000 | 20,413,000 | 27,648,000 |
| Net interest income | 4,603,000 | 13,129,000 | 20,125,000 | 27,343,000 |
| Noninterest income | 551,000 | 1,211,000 | 1,865,000 | 2,480,000 |
| Noninterest expense | 3,486,000 | 8,775,000 | 13,152,000 | 17,704,000 |
| Provision for loan losses | 233,000 | 682,000 | 1,347,000 | 1,684,000 |
| Pretax income | 1,435,000 | 4,883,000 | 7,491,000 | 10,435,000 |
| Income tax | 490,000 | 1,759,000 | 2,688,000 | 3,747,000 |
| Net income | 945,000 | 3,124,000 | 4,803,000 | 6,688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,246,000 | 62,217,000 | 63,957,000 | 66,892,000 |
| Total capital | 49,648,000 | 69,786,000 | 72,155,000 | 75,165,000 |
| Risk-weighted assets | 480,167,000 | 677,209,000 | 714,814,000 | 728,158,000 |
Machine access — free, no API key
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