Call reports 2012
VANTAGESOUTH BANK — 2012
What VANTAGESOUTH BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 825,666,000 | 819,125,000 | 793,511,000 | 1,085,132,000 |
| Total loans | 519,078,000 | 511,510,000 | 547,969,000 | 779,855,000 |
| Allowance for loan losses | 737,000 | 2,113,000 | 2,264,000 | 3,998,000 |
| Securities available for sale | 144,944,000 | 151,430,000 | 132,953,000 | 136,312,000 |
| Securities held to maturity | 0 | 0 | 0 | 180,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 664,087,000 | 662,369,000 | 635,845,000 | 874,766,000 |
| Interest-bearing deposits | 649,665,000 | 649,660,000 | 619,205,000 | 803,153,000 |
| Noninterest-bearing deposits | 14,422,000 | 12,709,000 | 16,640,000 | 71,613,000 |
| Equity capital | 145,667,000 | 145,640,000 | 146,510,000 | 178,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 9,330,000 | 18,149,000 | 27,035,000 | 43,586,000 |
| Interest expense | 1,274,000 | 2,557,000 | 3,685,000 | 5,714,000 |
| Net interest income | 8,056,000 | 15,592,000 | 23,350,000 | 37,872,000 |
| Noninterest income | 1,463,000 | 3,019,000 | 4,646,000 | 9,019,000 |
| Noninterest expense | 7,589,000 | 15,359,000 | 23,908,000 | 41,819,000 |
| Provision for loan losses | 804,000 | 2,772,000 | 3,730,000 | 5,159,000 |
| Pretax income | 1,318,000 | 645,000 | 1,006,000 | 1,165,000 |
| Income tax | 440,000 | 127,000 | 299,000 | -3,194,000 |
| Net income | 878,000 | 518,000 | 707,000 | 4,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,336,000 | 91,524,000 | 90,578,000 | 114,988,000 |
| Total capital | 100,873,000 | 100,459,000 | 99,686,000 | 125,965,000 |
| Risk-weighted assets | 624,001,000 | 643,525,000 | 655,789,000 | 841,944,000 |