Call reports 2016
VANTAGE BANK OF ALABAMA — 2016
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 114,037,000 | 111,192,000 | 113,003,000 | 112,735,000 |
| Total loans | 69,199,000 | 71,287,000 | 71,525,000 | 72,498,000 |
| Allowance for loan losses | 755,000 | 752,000 | 744,000 | 749,000 |
| Securities available for sale | 20,272,000 | 21,663,000 | 21,892,000 | 21,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,944,000 | 95,711,000 | 97,201,000 | 97,082,000 |
| Interest-bearing deposits | 82,235,000 | 80,124,000 | 79,911,000 | 78,760,000 |
| Noninterest-bearing deposits | 16,709,000 | 15,587,000 | 17,290,000 | 18,322,000 |
| Equity capital | 14,820,000 | 15,210,000 | 15,496,000 | 15,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,168,000 | 2,347,000 | 3,569,000 | 4,761,000 |
| Interest expense | 99,000 | 193,000 | 282,000 | 369,000 |
| Net interest income | 1,069,000 | 2,154,000 | 3,287,000 | 4,392,000 |
| Noninterest income | 215,000 | 449,000 | 680,000 | 916,000 |
| Noninterest expense | 816,000 | 1,707,000 | 2,550,000 | 3,431,000 |
| Provision for loan losses | 30,000 | 40,000 | 50,000 | 80,000 |
| Pretax income | 438,000 | 856,000 | 1,367,000 | 1,797,000 |
| Income tax | 121,000 | 245,000 | 394,000 | 504,000 |
| Net income | 317,000 | 611,000 | 973,000 | 1,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,298,000 | 13,610,000 | 13,985,000 | 13,946,000 |
| Total capital | 14,053,000 | 14,362,000 | 14,729,000 | 14,695,000 |
| Risk-weighted assets | 73,286,000 | 71,158,000 | 71,746,000 | 76,624,000 |