Call reports 2001
VERGAS STATE BANK — 2001
What VERGAS STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 30,022,000 | 30,562,000 | 31,617,000 | 31,705,000 |
| Total loans | 14,589,000 | 15,854,000 | 15,873,000 | 15,850,000 |
| Allowance for loan losses | 165,000 | 185,000 | 191,000 | 215,000 |
| Securities available for sale | 7,959,000 | 7,578,000 | 7,673,000 | 8,055,000 |
| Securities held to maturity | 1,926,000 | 1,902,000 | 2,002,000 | 2,187,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,527,000 | 25,968,000 | 26,805,000 | 27,062,000 |
| Interest-bearing deposits | 22,159,000 | 22,750,000 | 23,079,000 | 23,377,000 |
| Noninterest-bearing deposits | 3,368,000 | 3,218,000 | 3,726,000 | 3,685,000 |
| Equity capital | 4,203,000 | 4,280,000 | 4,457,000 | 4,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 532,000 | 1,072,000 | 1,631,000 | 2,144,000 |
| Interest expense | 261,000 | 525,000 | 778,000 | 1,004,000 |
| Net interest income | 271,000 | 547,000 | 853,000 | 1,140,000 |
| Noninterest income | 36,000 | 74,000 | 116,000 | 150,000 |
| Noninterest expense | 155,000 | 322,000 | 492,000 | 675,000 |
| Provision for loan losses | 0 | 0 | 0 | 55,000 |
| Pretax income | 153,000 | 304,000 | 482,000 | 565,000 |
| Income tax | 54,000 | 107,000 | 170,000 | 229,000 |
| Net income | 99,000 | 197,000 | 312,000 | 336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,169,000 | 4,267,000 | 4,382,000 | 4,406,000 |
| Total capital | 4,334,000 | 4,452,000 | 4,573,000 | 4,621,000 |
| Risk-weighted assets | 16,318,000 | 17,797,000 | 17,821,000 | 17,989,000 |