Call reports 2007
VAST BANK, N.A. — 2007
What VAST BANK, N.A. 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 | 167,077,000 | 178,080,000 | 192,871,000 | 185,142,000 |
| Total loans | 150,464,000 | 155,337,000 | 165,895,000 | 166,964,000 |
| Allowance for loan losses | 1,422,000 | 1,452,000 | 1,482,000 | 1,512,000 |
| Securities available for sale | 3,964,000 | 3,836,000 | 3,801,000 | 3,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,922,000 | 162,056,000 | 176,002,000 | 160,436,000 |
| Interest-bearing deposits | 120,426,000 | 131,082,000 | 143,850,000 | 128,641,000 |
| Noninterest-bearing deposits | 29,496,000 | 30,974,000 | 32,152,000 | 31,795,000 |
| Equity capital | 14,683,000 | 15,298,000 | 15,991,000 | 16,599,000 |
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 | 3,155,000 | 6,483,000 | 9,988,000 | 13,332,000 |
| Interest expense | 1,356,000 | 2,793,000 | 4,374,000 | 5,770,000 |
| Net interest income | 1,799,000 | 3,690,000 | 5,614,000 | 7,562,000 |
| Noninterest income | 158,000 | 396,000 | 558,000 | 730,000 |
| Noninterest expense | 1,225,000 | 2,295,000 | 3,294,000 | 4,255,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 702,000 | 1,731,000 | 2,788,000 | 3,917,000 |
| Income tax | 265,000 | 639,000 | 1,030,000 | 1,452,000 |
| Net income | 437,000 | 1,092,000 | 1,758,000 | 2,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,684,000 | 15,339,000 | 16,005,000 | 16,607,000 |
| Total capital | 16,106,000 | 16,791,000 | 17,487,000 | 18,119,000 |
| Risk-weighted assets | 154,856,000 | 163,082,000 | 172,050,000 | 171,869,000 |