Call reports 2015
VANTAGE BANK OF ALABAMA — 2015
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 118,342,000 | 111,656,000 | 112,156,000 | 112,017,000 |
| Total loans | 63,894,000 | 64,032,000 | 66,195,000 | 67,814,000 |
| Allowance for loan losses | 739,000 | 701,000 | 711,000 | 723,000 |
| Securities available for sale | 19,520,000 | 18,535,000 | 18,563,000 | 20,749,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,311,000 | 97,519,000 | 97,612,000 | 97,118,000 |
| Interest-bearing deposits | 89,054,000 | 83,744,000 | 83,119,000 | 81,629,000 |
| Noninterest-bearing deposits | 15,257,000 | 13,775,000 | 14,493,000 | 15,489,000 |
| Equity capital | 13,872,000 | 13,978,000 | 14,350,000 | 14,422,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,093,000 | 2,201,000 | 3,333,000 | 4,481,000 |
| Interest expense | 130,000 | 257,000 | 384,000 | 493,000 |
| Net interest income | 963,000 | 1,944,000 | 2,949,000 | 3,988,000 |
| Noninterest income | 160,000 | 373,000 | 596,000 | 836,000 |
| Noninterest expense | 810,000 | 1,586,000 | 2,374,000 | 3,185,000 |
| Provision for loan losses | 50,000 | 85,000 | 95,000 | 115,000 |
| Pretax income | 263,000 | 646,000 | 1,076,000 | 1,524,000 |
| Income tax | 74,000 | 185,000 | 313,000 | 443,000 |
| Net income | 189,000 | 461,000 | 763,000 | 1,081,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,466,000 | 12,757,000 | 13,013,000 | 13,108,000 |
| Total capital | 12,853,000 | 13,458,000 | 13,724,000 | 13,831,000 |
| Risk-weighted assets | 53,437,000 | 66,856,000 | 68,112,000 | 68,462,000 |