Call reports 2021
VAST BANK, N.A. — 2021
What VAST BANK, N.A. reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 782,992,000 | 784,596,000 | 766,824,000 | 798,322,000 |
| Total loans | 564,646,000 | 555,538,000 | 551,902,000 | 565,403,000 |
| Allowance for loan losses | 9,244,000 | 9,480,000 | 9,516,000 | 9,136,000 |
| Securities available for sale | 42,660,000 | 40,245,000 | 40,669,000 | 53,085,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 649,906,000 | 642,737,000 | 611,231,000 | 669,863,000 |
| Interest-bearing deposits | 509,304,000 | 505,143,000 | 471,934,000 | 494,567,000 |
| Noninterest-bearing deposits | 140,602,000 | 137,594,000 | 139,297,000 | 175,296,000 |
| Equity capital | 70,921,000 | 80,837,000 | 85,363,000 | 85,036,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,987,000 | 13,720,000 | 20,774,000 | 27,505,000 |
| Interest expense | 1,059,000 | 1,972,000 | 2,798,000 | 3,520,000 |
| Net interest income | 5,928,000 | 11,748,000 | 17,976,000 | 23,985,000 |
| Noninterest income | 909,000 | 2,435,000 | 10,431,000 | 13,377,000 |
| Noninterest expense | 5,283,000 | 11,014,000 | 18,858,000 | 27,235,000 |
| Provision for loan losses | 210,000 | 420,000 | 983,000 | 983,000 |
| Pretax income | 1,344,000 | 2,729,000 | 8,546,000 | 9,528,000 |
| Income tax | 399,000 | 818,000 | 2,222,000 | 1,709,000 |
| Net income | 945,000 | 1,911,000 | 6,324,000 | 7,819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,020,000 | 80,758,000 | 85,172,000 | 84,666,000 |
| Total capital | 79,186,000 | 89,012,000 | 93,745,000 | 93,723,000 |
| Risk-weighted assets | 652,035,000 | 658,941,000 | 684,852,000 | 724,425,000 |