Call reports 2016
VERGAS STATE BANK — 2016
What VERGAS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 48,485,000 | 48,390,000 | 49,151,000 | 49,779,000 |
| Total loans | 17,038,000 | 17,479,000 | 17,726,000 | 19,770,000 |
| Allowance for loan losses | 380,000 | 384,000 | 387,000 | 387,000 |
| Securities available for sale | 10,670,000 | 8,355,000 | 8,084,000 | 7,411,000 |
| Securities held to maturity | 6,524,000 | 6,669,000 | 7,960,000 | 7,921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,326,000 | 41,123,000 | 41,826,000 | 42,545,000 |
| Interest-bearing deposits | 34,583,000 | 34,263,000 | 34,164,000 | 34,750,000 |
| Noninterest-bearing deposits | 6,743,000 | 6,860,000 | 7,662,000 | 7,795,000 |
| Equity capital | 6,905,000 | 6,968,000 | 7,013,000 | 7,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 358,000 | 705,000 | 1,053,000 | 1,403,000 |
| Interest expense | 67,000 | 131,000 | 196,000 | 260,000 |
| Net interest income | 291,000 | 574,000 | 857,000 | 1,143,000 |
| Noninterest income | 29,000 | 52,000 | 79,000 | 107,000 |
| Noninterest expense | 238,000 | 482,000 | 721,000 | 972,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 86,000 | 159,000 | 264,000 | 327,000 |
| Income tax | 19,000 | 39,000 | 69,000 | -103,000 |
| Net income | 67,000 | 120,000 | 195,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,843,000 | 6,896,000 | 6,971,000 | 7,206,000 |
| Total capital | 7,095,000 | 7,151,000 | 7,230,000 | 7,491,000 |
| Risk-weighted assets | 19,992,000 | 20,242,000 | 20,588,000 | 22,670,000 |