Call reports 2013
VANTAGE BANK OF ALABAMA — 2013
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 77,958,000 | 77,430,000 | 77,135,000 | 79,582,000 |
| Total loans | 52,798,000 | 54,513,000 | 53,665,000 | 54,144,000 |
| Allowance for loan losses | 550,000 | 546,000 | 549,000 | 566,000 |
| Securities available for sale | 13,246,000 | 13,265,000 | 13,264,000 | 13,127,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,764,000 | 64,593,000 | 64,018,000 | 66,259,000 |
| Interest-bearing deposits | 55,004,000 | 55,335,000 | 54,822,000 | 56,992,000 |
| Noninterest-bearing deposits | 9,760,000 | 9,258,000 | 9,196,000 | 9,267,000 |
| Equity capital | 12,923,000 | 12,668,000 | 12,946,000 | 12,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 888,000 | 1,780,000 | 2,677,000 | 3,559,000 |
| Interest expense | 112,000 | 219,000 | 314,000 | 407,000 |
| Net interest income | 776,000 | 1,561,000 | 2,363,000 | 3,152,000 |
| Noninterest income | 76,000 | 156,000 | 235,000 | 307,000 |
| Noninterest expense | 540,000 | 1,104,000 | 1,622,000 | 2,200,000 |
| Provision for loan losses | 40,000 | 78,000 | 143,000 | 178,000 |
| Pretax income | 272,000 | 535,000 | 833,000 | 1,081,000 |
| Income tax | 111,000 | 211,000 | 277,000 | 337,000 |
| Net income | 161,000 | 324,000 | 556,000 | 744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,315,000 | 12,477,000 | 12,710,000 | 12,786,000 |
| Total capital | 12,865,000 | 13,023,000 | 13,259,000 | 13,352,000 |
| Risk-weighted assets | 55,090,000 | 57,169,000 | 56,940,000 | 57,878,000 |