Call reports 2017
VANTAGE BANK OF ALABAMA — 2017
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 115,075,000 | 118,399,000 | 119,754,000 | 120,508,000 |
| Total loans | 72,960,000 | 73,648,000 | 75,295,000 | 78,980,000 |
| Allowance for loan losses | 759,000 | 768,000 | 714,000 | 712,000 |
| Securities available for sale | 20,979,000 | 21,504,000 | 21,376,000 | 21,002,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,307,000 | 102,230,000 | 103,213,000 | 103,803,000 |
| Interest-bearing deposits | 78,877,000 | 82,096,000 | 82,374,000 | 81,910,000 |
| Noninterest-bearing deposits | 20,430,000 | 20,134,000 | 20,839,000 | 21,893,000 |
| Equity capital | 15,431,000 | 15,887,000 | 16,233,000 | 16,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,226,000 | 2,477,000 | 3,764,000 | 5,103,000 |
| Interest expense | 85,000 | 180,000 | 282,000 | 388,000 |
| Net interest income | 1,141,000 | 2,297,000 | 3,482,000 | 4,715,000 |
| Noninterest income | 226,000 | 472,000 | 713,000 | 950,000 |
| Noninterest expense | 874,000 | 1,766,000 | 2,644,000 | 3,537,000 |
| Provision for loan losses | 35,000 | 75,000 | 135,000 | 210,000 |
| Pretax income | 458,000 | 928,000 | 1,416,000 | 1,918,000 |
| Income tax | 137,000 | 277,000 | 416,000 | 587,000 |
| Net income | 321,000 | 651,000 | 1,000,000 | 1,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,159,000 | 14,511,000 | 14,880,000 | 14,786,000 |
| Total capital | 14,918,000 | 15,279,000 | 15,594,000 | 15,498,000 |
| Risk-weighted assets | 73,869,000 | 74,781,000 | 78,372,000 | 80,800,000 |