Call reports 2019
VANTAGE BANK OF ALABAMA — 2019
What VANTAGE BANK OF ALABAMA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Total assets | 128,751,000 | 129,695,000 | 134,880,000 |
| Total loans | 85,815,000 | 87,944,000 | 88,791,000 |
| Allowance for loan losses | 918,000 | 886,000 | 851,000 |
| Securities available for sale | 20,247,000 | 19,812,000 | 19,436,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 111,056,000 | 111,519,000 | 116,100,000 |
| Interest-bearing deposits | 84,990,000 | 85,276,000 | 86,041,000 |
| Noninterest-bearing deposits | 26,066,000 | 26,243,000 | 30,059,000 |
| Equity capital | 17,335,000 | 17,899,000 | 18,521,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Interest income | 1,441,000 | 2,955,000 | 4,509,000 |
| Interest expense | 187,000 | 392,000 | 607,000 |
| Net interest income | 1,254,000 | 2,563,000 | 3,902,000 |
| Noninterest income | 214,000 | 419,000 | 652,000 |
| Noninterest expense | 892,000 | 1,795,000 | 2,643,000 |
| Provision for loan losses | 40,000 | 55,000 | 55,000 |
| Pretax income | 536,000 | 1,132,000 | 1,856,000 |
| Income tax | 106,000 | 235,000 | 379,000 |
| Net income | 430,000 | 897,000 | 1,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 |
|---|---|---|---|
| Tier 1 capital | 16,084,000 | 16,575,000 | 17,179,000 |
| Total capital | 17,002,000 | 17,461,000 | 18,030,000 |
| Risk-weighted assets | 86,699,000 | 87,762,000 | 86,204,000 |