Call reports 2017
VERGAS STATE BANK — 2017
What VERGAS STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 49,836,000 | 49,010,000 | 49,117,000 | 48,633,000 |
| Total loans | 19,459,000 | 19,088,000 | 19,806,000 | 19,410,000 |
| Allowance for loan losses | 390,000 | 390,000 | 392,000 | 390,000 |
| Securities available for sale | 7,951,000 | 7,496,000 | 6,733,000 | 6,674,000 |
| Securities held to maturity | 6,784,000 | 6,557,000 | 6,531,000 | 6,396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,559,000 | 41,640,000 | 41,636,000 | 41,335,000 |
| Interest-bearing deposits | 34,573,000 | 33,485,000 | 32,860,000 | 32,633,000 |
| Noninterest-bearing deposits | 7,986,000 | 8,155,000 | 8,776,000 | 8,702,000 |
| Equity capital | 7,145,000 | 7,228,000 | 7,279,000 | 7,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 351,000 | 714,000 | 1,093,000 | 1,465,000 |
| Interest expense | 63,000 | 125,000 | 186,000 | 248,000 |
| Net interest income | 288,000 | 589,000 | 907,000 | 1,217,000 |
| Noninterest income | 26,000 | 52,000 | 76,000 | 101,000 |
| Noninterest expense | 242,000 | 500,000 | 768,000 | 1,068,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 72,000 | 141,000 | 215,000 | 250,000 |
| Income tax | 15,000 | 30,000 | 47,000 | 77,000 |
| Net income | 57,000 | 111,000 | 168,000 | 173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,178,000 | 7,232,000 | 7,289,000 | 7,294,000 |
| Total capital | 7,457,000 | 7,506,000 | 7,572,000 | 7,569,000 |
| Risk-weighted assets | 22,229,000 | 21,839,000 | 22,520,000 | 21,901,000 |