Call reports 2015
VERGAS STATE BANK — 2015
What VERGAS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 47,435,000 | 48,865,000 | 50,212,000 | 50,416,000 |
| Total loans | 17,433,000 | 17,732,000 | 17,578,000 | 16,985,000 |
| Allowance for loan losses | 361,000 | 375,000 | 375,000 | 377,000 |
| Securities available for sale | 15,910,000 | 14,695,000 | 15,346,000 | 13,585,000 |
| Securities held to maturity | 5,908,000 | 6,138,000 | 6,628,000 | 6,843,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,432,000 | 41,961,000 | 43,019,000 | 43,305,000 |
| Interest-bearing deposits | 34,191,000 | 35,041,000 | 35,036,000 | 35,247,000 |
| Noninterest-bearing deposits | 6,241,000 | 6,920,000 | 7,983,000 | 8,058,000 |
| Equity capital | 6,743,000 | 6,667,000 | 6,846,000 | 6,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 374,000 | 759,000 | 1,140,000 | 1,512,000 |
| Interest expense | 68,000 | 137,000 | 207,000 | 278,000 |
| Net interest income | 306,000 | 622,000 | 933,000 | 1,234,000 |
| Noninterest income | 27,000 | 56,000 | 83,000 | 112,000 |
| Noninterest expense | 252,000 | 484,000 | 721,000 | 993,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 87,000 | 216,000 | 337,000 | 398,000 |
| Income tax | 22,000 | 68,000 | 100,000 | 123,000 |
| Net income | 65,000 | 148,000 | 237,000 | 275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,666,000 | 6,749,000 | 6,838,000 | 6,876,000 |
| Total capital | 6,928,000 | 7,018,000 | 7,110,000 | 7,134,000 |
| Risk-weighted assets | 20,906,000 | 21,443,000 | 21,681,000 | 20,507,000 |