Call reports 2016
VAST BANK, N.A. — 2016
What VAST BANK, N.A. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 450,524,000 | 461,788,000 | 504,530,000 | 528,261,000 |
| Total loans | 355,821,000 | 372,186,000 | 409,571,000 | 418,330,000 |
| Allowance for loan losses | 4,793,000 | 5,014,000 | 4,917,000 | 5,295,000 |
| Securities available for sale | 42,507,000 | 41,580,000 | 40,448,000 | 39,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 405,248,000 | 415,590,000 | 457,237,000 | 476,527,000 |
| Interest-bearing deposits | 346,917,000 | 357,521,000 | 396,461,000 | 400,286,000 |
| Noninterest-bearing deposits | 58,331,000 | 58,069,000 | 60,776,000 | 76,241,000 |
| Equity capital | 42,177,000 | 42,966,000 | 43,812,000 | 47,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,461,000 | 8,917,000 | 13,904,000 | 19,402,000 |
| Interest expense | 507,000 | 1,051,000 | 1,686,000 | 2,375,000 |
| Net interest income | 3,954,000 | 7,866,000 | 12,218,000 | 17,027,000 |
| Noninterest income | 355,000 | 834,000 | 1,541,000 | 2,021,000 |
| Noninterest expense | 3,089,000 | 6,251,000 | 9,448,000 | 12,632,000 |
| Provision for loan losses | 191,000 | 394,000 | 688,000 | 983,000 |
| Pretax income | 1,029,000 | 2,055,000 | 3,623,000 | 5,433,000 |
| Income tax | 278,000 | 537,000 | 1,061,000 | 1,806,000 |
| Net income | 751,000 | 1,518,000 | 2,562,000 | 3,627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,096,000 | 42,854,000 | 43,731,000 | 47,965,000 |
| Total capital | 46,946,000 | 47,925,000 | 48,705,000 | 53,317,000 |
| Risk-weighted assets | 413,333,000 | 430,078,000 | 469,810,000 | 480,154,000 |