Call reports 2022
VAST BANK, N.A. — 2022
What VAST BANK, N.A. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 827,741,000 | 851,917,000 | 873,302,000 | 866,056,000 |
| Total loans | 573,993,000 | 601,321,000 | 618,856,000 | 627,722,000 |
| Allowance for loan losses | 9,339,000 | 9,952,000 | 9,990,000 | 10,398,000 |
| Securities available for sale | 52,309,000 | 55,529,000 | 50,348,000 | 51,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 701,285,000 | 723,990,000 | 737,305,000 | 751,684,000 |
| Interest-bearing deposits | 517,131,000 | 556,068,000 | 579,852,000 | 622,826,000 |
| Noninterest-bearing deposits | 184,154,000 | 167,923,000 | 157,453,000 | 128,858,000 |
| Equity capital | 78,440,000 | 76,076,000 | 74,717,000 | 79,112,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,294,000 | 13,398,000 | 22,039,000 | 31,766,000 |
| Interest expense | 627,000 | 1,391,000 | 3,304,000 | 6,864,000 |
| Net interest income | 5,667,000 | 12,007,000 | 18,735,000 | 24,902,000 |
| Noninterest income | 1,340,000 | 3,216,000 | 7,433,000 | 12,202,000 |
| Noninterest expense | 7,568,000 | 14,629,000 | 23,647,000 | 34,258,000 |
| Provision for loan losses | 5,505,000 | 5,205,000 | 5,205,000 | 5,205,000 |
| Pretax income | -6,066,000 | -4,611,000 | -2,666,000 | -2,341,000 |
| Income tax | -1,512,000 | -896,000 | -408,000 | -3,004,000 |
| Net income | -4,554,000 | -3,715,000 | -2,258,000 | 663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,112,000 | 80,951,000 | 80,079,000 | 84,057,000 |
| Total capital | 89,400,000 | 90,960,000 | 90,126,000 | 94,512,000 |
| Risk-weighted assets | 742,928,000 | 811,812,000 | 826,426,000 | 841,583,000 |