Call reports 2010
VERGAS STATE BANK — 2010
What VERGAS STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 40,018,000 | 40,055,000 | 43,080,000 | 42,699,000 |
| Total loans | 20,018,000 | 20,262,000 | 20,282,000 | 19,928,000 |
| Allowance for loan losses | 383,000 | 383,000 | 386,000 | 385,000 |
| Securities available for sale | 10,665,000 | 10,155,000 | 10,151,000 | 9,362,000 |
| Securities held to maturity | 3,447,000 | 3,742,000 | 4,102,000 | 4,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,028,000 | 33,878,000 | 36,817,000 | 36,653,000 |
| Interest-bearing deposits | 30,079,000 | 29,711,000 | 31,313,000 | 31,080,000 |
| Noninterest-bearing deposits | 3,949,000 | 4,167,000 | 5,504,000 | 5,573,000 |
| Equity capital | 5,726,000 | 5,864,000 | 5,927,000 | 5,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 913,000 | 1,375,000 | 1,825,000 |
| Interest expense | 149,000 | 289,000 | 425,000 | 552,000 |
| Net interest income | 302,000 | 624,000 | 950,000 | 1,273,000 |
| Noninterest income | 35,000 | 73,000 | 114,000 | 159,000 |
| Noninterest expense | 241,000 | 508,000 | 731,000 | 1,001,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 96,000 | 190,000 | 337,000 | 415,000 |
| Income tax | 32,000 | 62,000 | 117,000 | 146,000 |
| Net income | 64,000 | 128,000 | 220,000 | 269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,684,000 | 5,748,000 | 5,840,000 | 5,889,000 |
| Total capital | 5,961,000 | 6,028,000 | 6,129,000 | 6,174,000 |
| Risk-weighted assets | 22,053,000 | 22,264,000 | 23,020,000 | 22,713,000 |