Call reports 2024
VAST BANK, N.A. — 2024
What VAST BANK, N.A. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 648,824,000 | 602,837,000 | 600,512,000 | 576,837,000 |
| Total loans | 410,878,000 | 410,108,000 | 404,786,000 | 392,037,000 |
| Allowance for loan losses | 8,362,000 | 8,323,000 | 8,606,000 | 7,215,000 |
| Securities available for sale | 45,965,000 | 44,486,000 | 40,507,000 | 38,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 617,143,000 | 518,719,000 | 524,343,000 | 475,643,000 |
| Interest-bearing deposits | 541,525,000 | 442,866,000 | 450,463,000 | 411,699,000 |
| Noninterest-bearing deposits | 75,618,000 | 75,853,000 | 73,880,000 | 63,944,000 |
| Equity capital | 17,472,000 | 59,614,000 | 59,125,000 | 59,262,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,032,000 | 17,985,000 | 25,988,000 | 33,295,000 |
| Interest expense | 6,642,000 | 11,949,000 | 16,381,000 | 20,050,000 |
| Net interest income | 3,390,000 | 6,036,000 | 9,607,000 | 13,245,000 |
| Noninterest income | 3,147,000 | 8,542,000 | 7,447,000 | 7,898,000 |
| Noninterest expense | 6,556,000 | 14,650,000 | 18,037,000 | 22,352,000 |
| Provision for loan losses | 0 | -134,000 | 143,000 | 170,000 |
| Pretax income | -19,000 | -72,000 | -927,000 | -1,153,000 |
| Income tax | 194,000 | 330,000 | 472,000 | 665,000 |
| Net income | -213,000 | -402,000 | -1,399,000 | -1,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,809,000 | 64,373,000 | 63,376,000 | 63,034,000 |
| Total capital | 28,328,000 | 70,738,000 | 69,401,000 | 69,042,000 |
| Risk-weighted assets | 519,024,000 | 506,540,000 | 479,037,000 | 479,058,000 |