Call reports 2003
VAST BANK, N.A. — 2003
What VAST BANK, N.A. reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 126,592,000 | 130,308,000 | 134,055,000 | 132,024,000 |
| Total loans | 108,339,000 | 111,521,000 | 113,453,000 | 113,536,000 |
| Allowance for loan losses | 990,000 | 1,030,000 | 1,057,000 | 1,085,000 |
| Securities available for sale | 1,453,000 | 4,445,000 | 3,977,000 | 3,432,000 |
| Securities held to maturity | 1,649,000 | 1,649,000 | 650,000 | 650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,457,000 | 120,108,000 | 124,088,000 | 122,019,000 |
| Interest-bearing deposits | 96,083,000 | 97,569,000 | 95,398,000 | 93,839,000 |
| Noninterest-bearing deposits | 20,374,000 | 22,539,000 | 28,690,000 | 28,180,000 |
| Equity capital | 9,400,000 | 9,587,000 | 9,637,000 | 9,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,542,000 | 3,088,000 | 4,633,000 | 6,167,000 |
| Interest expense | 479,000 | 954,000 | 1,410,000 | 1,852,000 |
| Net interest income | 1,063,000 | 2,134,000 | 3,223,000 | 4,315,000 |
| Noninterest income | 187,000 | 411,000 | 644,000 | 828,000 |
| Noninterest expense | 992,000 | 1,959,000 | 2,921,000 | 3,882,000 |
| Provision for loan losses | 45,000 | 85,000 | 115,000 | 145,000 |
| Pretax income | 213,000 | 501,000 | 857,000 | 1,162,000 |
| Income tax | 93,000 | 212,000 | 352,000 | 474,000 |
| Net income | 120,000 | 289,000 | 505,000 | 688,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,389,000 | 9,556,000 | 9,667,000 | 9,850,000 |
| Total capital | 10,379,000 | 10,586,000 | 10,724,000 | 10,935,000 |
| Risk-weighted assets | 110,499,000 | 114,694,000 | 116,535,000 | 117,969,000 |