Call reports 2013
VERGAS STATE BANK — 2013
What VERGAS STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 46,830,000 | 48,516,000 | 48,962,000 | 49,664,000 |
| Total loans | 18,095,000 | 18,626,000 | 18,416,000 | 18,537,000 |
| Allowance for loan losses | 407,000 | 410,000 | 412,000 | 434,000 |
| Securities available for sale | 13,676,000 | 13,435,000 | 13,631,000 | 14,690,000 |
| Securities held to maturity | 5,692,000 | 6,265,000 | 6,381,000 | 6,447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,207,000 | 42,277,000 | 42,761,000 | 43,750,000 |
| Interest-bearing deposits | 34,113,000 | 36,437,000 | 36,679,000 | 37,012,000 |
| Noninterest-bearing deposits | 6,094,000 | 5,840,000 | 6,082,000 | 6,738,000 |
| Equity capital | 6,409,000 | 6,055,000 | 5,983,000 | 5,818,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 376,000 | 765,000 | 1,151,000 | 1,562,000 |
| Interest expense | 77,000 | 155,000 | 233,000 | 312,000 |
| Net interest income | 299,000 | 610,000 | 918,000 | 1,250,000 |
| Noninterest income | 33,000 | 71,000 | 111,000 | 144,000 |
| Noninterest expense | 218,000 | 453,000 | 694,000 | 966,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 114,000 | 229,000 | 336,000 | 429,000 |
| Income tax | 35,000 | 75,000 | 110,000 | 139,000 |
| Net income | 79,000 | 154,000 | 226,000 | 290,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,327,000 | 6,402,000 | 6,474,000 | 6,538,000 |
| Total capital | 6,605,000 | 6,696,000 | 6,766,000 | 6,834,000 |
| Risk-weighted assets | 22,148,000 | 23,366,000 | 23,256,000 | 23,518,000 |