Call reports 2014
VAST BANK, N.A. — 2014
What VAST BANK, N.A. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 391,356,000 | 398,666,000 | 379,537,000 | 390,127,000 |
| Total loans | 272,498,000 | 279,182,000 | 287,069,000 | 302,176,000 |
| Allowance for loan losses | 4,231,000 | 4,246,000 | 4,179,000 | 4,608,000 |
| Securities available for sale | 47,741,000 | 47,853,000 | 46,993,000 | 45,957,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,953,000 | 357,110,000 | 337,551,000 | 348,273,000 |
| Interest-bearing deposits | 280,413,000 | 283,829,000 | 282,123,000 | 287,381,000 |
| Noninterest-bearing deposits | 70,540,000 | 73,281,000 | 55,428,000 | 60,892,000 |
| Equity capital | 37,208,000 | 38,064,000 | 38,725,000 | 39,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,631,000 | 7,489,000 | 11,433,000 | 15,329,000 |
| Interest expense | 428,000 | 847,000 | 1,280,000 | 1,724,000 |
| Net interest income | 3,203,000 | 6,642,000 | 10,153,000 | 13,605,000 |
| Noninterest income | 20,000 | 509,000 | 877,000 | 719,000 |
| Noninterest expense | 2,865,000 | 5,840,000 | 8,693,000 | 11,521,000 |
| Provision for loan losses | -350,000 | -509,000 | -565,000 | 0 |
| Pretax income | 708,000 | 1,820,000 | 2,902,000 | 2,803,000 |
| Income tax | 202,000 | 607,000 | 1,002,000 | 293,000 |
| Net income | 506,000 | 1,213,000 | 1,900,000 | 2,510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,241,000 | 38,024,000 | 38,655,000 | 39,190,000 |
| Total capital | 41,188,000 | 42,026,000 | 42,642,000 | 43,461,000 |
| Risk-weighted assets | 315,455,000 | 319,864,000 | 318,742,000 | 341,322,000 |