Call reports 2009
VANTAGE BANK OF ALABAMA — 2009
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 58,441,000 | 58,523,000 | 61,996,000 | 62,033,000 |
| Total loans | 35,583,000 | 36,130,000 | 37,653,000 | 37,920,000 |
| Allowance for loan losses | 445,000 | 455,000 | 474,000 | 471,000 |
| Securities available for sale | 12,962,000 | 15,736,000 | 16,511,000 | 18,454,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,417,000 | 48,618,000 | 51,755,000 | 52,000,000 |
| Interest-bearing deposits | 41,214,000 | 42,579,000 | 45,964,000 | 46,069,000 |
| Noninterest-bearing deposits | 7,203,000 | 6,039,000 | 5,791,000 | 5,931,000 |
| Equity capital | 9,680,000 | 9,648,000 | 9,924,000 | 9,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 671,000 | 1,404,000 | 2,182,000 | 2,961,000 |
| Interest expense | 291,000 | 581,000 | 864,000 | 1,121,000 |
| Net interest income | 380,000 | 823,000 | 1,318,000 | 1,840,000 |
| Noninterest income | 47,000 | 144,000 | 203,000 | 268,000 |
| Noninterest expense | 428,000 | 872,000 | 1,287,000 | 1,743,000 |
| Provision for loan losses | 125,000 | 143,000 | 169,000 | 180,000 |
| Pretax income | -126,000 | -48,000 | 65,000 | 185,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -126,000 | -48,000 | 65,000 | 185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,568,000 | 9,668,000 | 9,803,000 | 9,946,000 |
| Total capital | 10,012,000 | 10,123,000 | 10,275,000 | 10,417,000 |
| Risk-weighted assets | 36,537,000 | 36,638,000 | 37,744,000 | 42,011,000 |