Call reports 2004
VERGAS STATE BANK — 2004
What VERGAS STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 35,111,000 | 35,209,000 | 35,378,000 | 35,490,000 |
| Total loans | 15,663,000 | 16,981,000 | 16,634,000 | 16,672,000 |
| Allowance for loan losses | 216,000 | 217,000 | 243,000 | 254,000 |
| Securities available for sale | 13,147,000 | 13,151,000 | 12,546,000 | 12,662,000 |
| Securities held to maturity | 2,983,000 | 2,449,000 | 2,475,000 | 2,440,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,979,000 | 30,071,000 | 30,048,000 | 30,298,000 |
| Interest-bearing deposits | 26,134,000 | 26,045,000 | 25,572,000 | 25,630,000 |
| Noninterest-bearing deposits | 3,845,000 | 4,026,000 | 4,476,000 | 4,668,000 |
| Equity capital | 4,923,000 | 4,921,000 | 5,076,000 | 5,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 444,000 | 913,000 | 1,377,000 | 1,836,000 |
| Interest expense | 135,000 | 267,000 | 394,000 | 519,000 |
| Net interest income | 309,000 | 646,000 | 983,000 | 1,317,000 |
| Noninterest income | 41,000 | 74,000 | 111,000 | 143,000 |
| Noninterest expense | 170,000 | 357,000 | 530,000 | 856,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 40,000 |
| Pretax income | 181,000 | 373,000 | 550,000 | 575,000 |
| Income tax | 64,000 | 135,000 | 202,000 | 239,000 |
| Net income | 117,000 | 238,000 | 348,000 | 336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,862,000 | 4,983,000 | 5,093,000 | 5,081,000 |
| Total capital | 5,078,000 | 5,200,000 | 5,336,000 | 5,335,000 |
| Risk-weighted assets | 18,972,000 | 20,090,000 | 19,888,000 | 19,641,000 |