Call reports 2006
VERGAS STATE BANK — 2006
What VERGAS STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 36,484,000 | 35,805,000 | 35,927,000 | 36,052,000 |
| Total loans | 17,312,000 | 17,540,000 | 17,084,000 | 16,790,000 |
| Allowance for loan losses | 285,000 | 748,000 | 460,000 | 449,000 |
| Securities available for sale | 12,254,000 | 12,354,000 | 12,571,000 | 12,895,000 |
| Securities held to maturity | 2,189,000 | 2,189,000 | 2,189,000 | 2,064,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,056,000 | 30,687,000 | 30,892,000 | 30,939,000 |
| Interest-bearing deposits | 26,496,000 | 26,557,000 | 25,848,000 | 26,400,000 |
| Noninterest-bearing deposits | 4,560,000 | 4,130,000 | 5,044,000 | 4,539,000 |
| Equity capital | 5,185,000 | 4,829,000 | 4,720,000 | 4,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 489,000 | 987,000 | 1,510,000 | 2,048,000 |
| Interest expense | 194,000 | 408,000 | 641,000 | 886,000 |
| Net interest income | 295,000 | 579,000 | 869,000 | 1,162,000 |
| Noninterest income | 38,000 | 75,000 | 105,000 | 139,000 |
| Noninterest expense | 187,000 | 399,000 | 593,000 | 837,000 |
| Provision for loan losses | 0 | 463,000 | 838,000 | 838,000 |
| Pretax income | 146,000 | -208,000 | -457,000 | -374,000 |
| Income tax | 52,000 | 0 | 0 | -86,000 |
| Net income | 94,000 | -208,000 | -457,000 | -288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,410,000 | 5,108,000 | 4,859,000 | 5,028,000 |
| Total capital | 5,666,000 | 5,367,000 | 5,110,000 | 5,278,000 |
| Risk-weighted assets | 20,431,000 | 20,206,000 | 19,904,000 | 19,838,000 |