Call reports 2010
VANTAGE BANK OF ALABAMA — 2010
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 66,947,000 | 71,932,000 | 73,504,000 | 73,871,000 |
| Total loans | 38,229,000 | 40,401,000 | 41,957,000 | 42,741,000 |
| Allowance for loan losses | 474,000 | 506,000 | 528,000 | 550,000 |
| Securities available for sale | 20,460,000 | 19,714,000 | 20,205,000 | 20,106,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,664,000 | 60,992,000 | 62,274,000 | 62,899,000 |
| Interest-bearing deposits | 49,493,000 | 52,559,000 | 54,979,000 | 56,105,000 |
| Noninterest-bearing deposits | 7,171,000 | 8,433,000 | 7,295,000 | 6,794,000 |
| Equity capital | 10,099,000 | 10,562,000 | 11,045,000 | 10,791,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 813,000 | 1,697,000 | 2,563,000 | 3,418,000 |
| Interest expense | 241,000 | 488,000 | 733,000 | 959,000 |
| Net interest income | 572,000 | 1,209,000 | 1,830,000 | 2,459,000 |
| Noninterest income | 68,000 | 125,000 | 187,000 | 249,000 |
| Noninterest expense | 434,000 | 882,000 | 1,334,000 | 1,811,000 |
| Provision for loan losses | 83,000 | 138,000 | 172,000 | 212,000 |
| Pretax income | 133,000 | 324,000 | 521,000 | 695,000 |
| Income tax | 0 | 0 | -256,000 | -200,000 |
| Net income | 133,000 | 324,000 | 777,000 | 895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,080,000 | 10,271,000 | 10,725,000 | 10,794,000 |
| Total capital | 10,554,000 | 10,777,000 | 11,253,000 | 11,344,000 |
| Risk-weighted assets | 43,769,000 | 43,176,000 | 45,474,000 | 46,200,000 |