Call reports 2009
VERGAS STATE BANK — 2009
What VERGAS STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 37,406,000 | 38,203,000 | 39,727,000 | 40,433,000 |
| Total loans | 18,879,000 | 20,422,000 | 21,789,000 | 18,876,000 |
| Allowance for loan losses | 427,000 | 416,000 | 417,000 | 379,000 |
| Securities available for sale | 8,151,000 | 9,174,000 | 9,133,000 | 10,060,000 |
| Securities held to maturity | 3,147,000 | 3,257,000 | 3,582,000 | 3,572,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,623,000 | 32,344,000 | 33,761,000 | 34,555,000 |
| Interest-bearing deposits | 27,878,000 | 28,403,000 | 29,430,000 | 29,809,000 |
| Noninterest-bearing deposits | 3,745,000 | 3,941,000 | 4,331,000 | 4,746,000 |
| Equity capital | 5,495,000 | 5,557,000 | 5,624,000 | 5,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 914,000 | 1,393,000 | 1,869,000 |
| Interest expense | 173,000 | 340,000 | 503,000 | 665,000 |
| Net interest income | 303,000 | 574,000 | 890,000 | 1,204,000 |
| Noninterest income | 34,000 | 90,000 | 129,000 | 163,000 |
| Noninterest expense | 230,000 | 443,000 | 676,000 | 950,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 50,000 |
| Pretax income | 85,000 | 199,000 | 321,000 | 370,000 |
| Income tax | 30,000 | 70,000 | 115,000 | 134,000 |
| Net income | 55,000 | 129,000 | 206,000 | 236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,439,000 | 5,513,000 | 5,590,000 | 5,620,000 |
| Total capital | 5,698,000 | 5,790,000 | 5,877,000 | 5,886,000 |
| Risk-weighted assets | 20,571,000 | 21,998,000 | 22,836,000 | 21,136,000 |