Call reports 2005
VERGAS STATE BANK — 2005
What VERGAS STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 35,228,000 | 35,646,000 | 35,418,000 | 35,314,000 |
| Total loans | 16,814,000 | 17,181,000 | 17,216,000 | 17,014,000 |
| Allowance for loan losses | 255,000 | 256,000 | 256,000 | 285,000 |
| Securities available for sale | 12,777,000 | 12,783,000 | 12,152,000 | 12,140,000 |
| Securities held to maturity | 2,160,000 | 2,260,000 | 2,260,000 | 2,239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,992,000 | 30,235,000 | 29,957,000 | 29,976,000 |
| Interest-bearing deposits | 25,836,000 | 26,070,000 | 25,408,000 | 25,529,000 |
| Noninterest-bearing deposits | 4,156,000 | 4,165,000 | 4,549,000 | 4,447,000 |
| Equity capital | 5,019,000 | 5,173,000 | 5,185,000 | 5,187,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 462,000 | 938,000 | 1,432,000 | 1,918,000 |
| Interest expense | 132,000 | 282,000 | 445,000 | 622,000 |
| Net interest income | 330,000 | 656,000 | 987,000 | 1,296,000 |
| Noninterest income | 35,000 | 71,000 | 110,000 | 138,000 |
| Noninterest expense | 180,000 | 378,000 | 577,000 | 854,000 |
| Provision for loan losses | 0 | 0 | 0 | 45,000 |
| Pretax income | 186,000 | 350,000 | 533,000 | 548,000 |
| Income tax | 70,000 | 131,000 | 195,000 | 213,000 |
| Net income | 116,000 | 219,000 | 338,000 | 335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,147,000 | 5,250,000 | 5,369,000 | 5,366,000 |
| Total capital | 5,402,000 | 5,506,000 | 5,625,000 | 5,615,000 |
| Risk-weighted assets | 19,691,000 | 20,013,000 | 20,199,000 | 19,868,000 |