Call reports 2011
VANTAGE BANK OF ALABAMA — 2011
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 73,748,000 | 74,777,000 | 75,380,000 | 75,946,000 |
| Total loans | 45,787,000 | 46,851,000 | 47,063,000 | 48,834,000 |
| Allowance for loan losses | 588,000 | 665,000 | 598,000 | 573,000 |
| Securities available for sale | 15,907,000 | 16,796,000 | 16,737,000 | 16,832,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,603,000 | 63,365,000 | 63,521,000 | 63,929,000 |
| Interest-bearing deposits | 55,000,000 | 55,650,000 | 55,626,000 | 55,912,000 |
| Noninterest-bearing deposits | 7,603,000 | 7,715,000 | 7,895,000 | 8,017,000 |
| Equity capital | 10,904,000 | 11,237,000 | 11,652,000 | 11,841,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 871,000 | 1,736,000 | 2,620,000 | 3,508,000 |
| Interest expense | 184,000 | 351,000 | 516,000 | 675,000 |
| Net interest income | 687,000 | 1,385,000 | 2,104,000 | 2,833,000 |
| Noninterest income | 82,000 | 137,000 | 203,000 | 265,000 |
| Noninterest expense | 523,000 | 985,000 | 1,468,000 | 1,960,000 |
| Provision for loan losses | 36,000 | 112,000 | 152,000 | 177,000 |
| Pretax income | 210,000 | 425,000 | 687,000 | 961,000 |
| Income tax | 102,000 | 182,000 | 269,000 | 344,000 |
| Net income | 108,000 | 243,000 | 418,000 | 617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,903,000 | 11,039,000 | 11,216,000 | 11,415,000 |
| Total capital | 11,492,000 | 11,669,000 | 11,814,000 | 11,988,000 |
| Risk-weighted assets | 48,938,000 | 50,381,000 | 50,158,000 | 52,067,000 |