Call reports 2004
VAST BANK, N.A. — 2004
What VAST BANK, N.A. reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 137,189,000 | 160,113,000 | 149,914,000 | 147,932,000 |
| Total loans | 118,245,000 | 124,166,000 | 125,100,000 | 126,999,000 |
| Allowance for loan losses | 1,114,000 | 1,124,000 | 1,110,000 | 1,164,000 |
| Securities available for sale | 3,195,000 | 2,145,000 | 1,606,000 | 1,148,000 |
| Securities held to maturity | 650,000 | 400,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,960,000 | 141,794,000 | 132,184,000 | 131,976,000 |
| Interest-bearing deposits | 98,241,000 | 97,987,000 | 94,126,000 | 91,181,000 |
| Noninterest-bearing deposits | 28,719,000 | 43,807,000 | 38,058,000 | 40,795,000 |
| Equity capital | 9,869,000 | 10,032,000 | 10,292,000 | 10,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,498,000 | 3,107,000 | 4,833,000 | 6,754,000 |
| Interest expense | 431,000 | 898,000 | 1,367,000 | 1,911,000 |
| Net interest income | 1,067,000 | 2,209,000 | 3,466,000 | 4,843,000 |
| Noninterest income | 162,000 | 369,000 | 545,000 | 711,000 |
| Noninterest expense | 981,000 | 1,979,000 | 2,849,000 | 3,724,000 |
| Provision for loan losses | 30,000 | 40,000 | 70,000 | 100,000 |
| Pretax income | 218,000 | 559,000 | 1,092,000 | 1,730,000 |
| Income tax | 90,000 | 220,000 | 432,000 | 684,000 |
| Net income | 128,000 | 339,000 | 660,000 | 1,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,874,000 | 10,085,000 | 10,300,000 | 10,687,000 |
| Total capital | 10,988,000 | 11,209,000 | 11,410,000 | 11,851,000 |
| Risk-weighted assets | 123,880,000 | 134,088,000 | 132,109,000 | 133,097,000 |