Call reports 2008
VANTAGE BANK TEXAS — 2008
What VANTAGE BANK TEXAS reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 121,279,000 | 213,940,000 | 216,066,000 | 227,817,000 |
| Total loans | 61,216,000 | 92,171,000 | 117,129,000 | 127,290,000 |
| Allowance for loan losses | 210,000 | 214,000 | 1,395,000 | 1,441,000 |
| Securities available for sale | 36,825,000 | 69,610,000 | 70,622,000 | 76,015,000 |
| Securities held to maturity | 105,000 | 105,000 | 105,000 | 1,292,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,793,000 | 156,424,000 | 163,278,000 | 176,629,000 |
| Interest-bearing deposits | 89,612,000 | 141,778,000 | 145,936,000 | 161,350,000 |
| Noninterest-bearing deposits | 11,181,000 | 14,646,000 | 17,342,000 | 15,279,000 |
| Equity capital | 18,118,000 | 18,870,000 | 22,210,000 | 21,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,771,000 | 4,377,000 | 7,587,000 | 10,701,000 |
| Interest expense | 847,000 | 2,048,000 | 3,729,000 | 5,440,000 |
| Net interest income | 924,000 | 2,329,000 | 3,858,000 | 5,261,000 |
| Noninterest income | 69,000 | 190,000 | 310,000 | 468,000 |
| Noninterest expense | 2,233,000 | 4,675,000 | 7,596,000 | 11,099,000 |
| Provision for loan losses | 0 | 8,000 | 1,899,000 | 2,199,000 |
| Pretax income | -1,246,000 | -2,160,000 | -5,221,000 | -7,450,000 |
| Income tax | -432,000 | -750,000 | -1,798,000 | 0 |
| Net income | -814,000 | -1,410,000 | -3,423,000 | -7,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,900,000 | 17,330,000 | 19,741,000 | 17,780,000 |
| Total capital | 15,110,000 | 17,544,000 | 21,136,000 | 19,221,000 |
| Risk-weighted assets | 78,016,000 | 124,065,000 | 144,046,000 | 149,917,000 |