Call reports 2014
VANTAGE BANK OF ALABAMA — 2014
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 81,772,000 | 108,813,000 | 110,265,000 | 111,123,000 |
| Total loans | 52,033,000 | 61,891,000 | 63,967,000 | 64,492,000 |
| Allowance for loan losses | 337,000 | 561,000 | 758,000 | 686,000 |
| Securities available for sale | 13,298,000 | 17,778,000 | 18,969,000 | 18,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,562,000 | 95,577,000 | 96,791,000 | 97,221,000 |
| Interest-bearing deposits | 58,095,000 | 82,247,000 | 83,478,000 | 83,629,000 |
| Noninterest-bearing deposits | 10,467,000 | 13,330,000 | 13,313,000 | 13,592,000 |
| Equity capital | 13,104,000 | 13,125,000 | 13,327,000 | 13,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 837,000 | 1,873,000 | 3,006,000 | 4,165,000 |
| Interest expense | 88,000 | 206,000 | 341,000 | 475,000 |
| Net interest income | 749,000 | 1,667,000 | 2,665,000 | 3,690,000 |
| Noninterest income | 75,000 | 237,000 | 409,000 | 561,000 |
| Noninterest expense | 581,000 | 1,476,000 | 2,274,000 | 3,041,000 |
| Provision for loan losses | 195,000 | 420,000 | 645,000 | 645,000 |
| Pretax income | 48,000 | 8,000 | 155,000 | 565,000 |
| Income tax | 21,000 | 40,000 | 50,000 | 51,000 |
| Net income | 27,000 | -32,000 | 105,000 | 514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,818,000 | 11,399,000 | 11,562,000 | 11,783,000 |
| Total capital | 13,155,000 | 11,960,000 | 12,320,000 | 12,469,000 |
| Risk-weighted assets | 57,768,000 | 71,967,000 | 73,614,000 | 74,636,000 |