Call reports 2020
VAST BANK, N.A. — 2020
What VAST BANK, N.A. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 681,210,000 | 804,230,000 | 773,891,000 | 809,642,000 |
| Total loans | 511,132,000 | 580,365,000 | 570,219,000 | 575,201,000 |
| Allowance for loan losses | 7,405,000 | 8,326,000 | 9,061,000 | 9,005,000 |
| Securities available for sale | 15,979,000 | 20,166,000 | 22,636,000 | 43,960,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,068,000 | 635,071,000 | 630,512,000 | 675,595,000 |
| Interest-bearing deposits | 481,125,000 | 515,785,000 | 527,445,000 | 547,327,000 |
| Noninterest-bearing deposits | 84,942,000 | 119,286,000 | 103,067,000 | 128,268,000 |
| Equity capital | 67,590,000 | 67,480,000 | 70,408,000 | 69,743,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,856,000 | 15,759,000 | 22,818,000 | 30,025,000 |
| Interest expense | 1,959,000 | 3,474,000 | 4,793,000 | 6,004,000 |
| Net interest income | 4,897,000 | 12,285,000 | 18,025,000 | 24,021,000 |
| Noninterest income | 1,648,000 | 3,126,000 | 8,559,000 | 9,362,000 |
| Noninterest expense | 5,090,000 | 10,610,000 | 16,659,000 | 22,341,000 |
| Provision for loan losses | 1,061,000 | 3,057,000 | 4,112,000 | 4,967,000 |
| Pretax income | 518,000 | 1,998,000 | 6,088,000 | 6,438,000 |
| Income tax | 129,000 | 979,000 | 2,278,000 | 2,545,000 |
| Net income | 389,000 | 1,019,000 | 3,810,000 | 3,893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,593,000 | 68,211,000 | 71,003,000 | 70,075,000 |
| Total capital | 76,055,000 | 76,228,000 | 78,960,000 | 78,320,000 |
| Risk-weighted assets | 625,988,000 | 641,041,000 | 635,369,000 | 658,776,000 |