Call reports 2018
VERGAS STATE BANK — 2018
What VERGAS STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 47,790,000 | 48,199,000 | 47,889,000 | 47,627,000 |
| Total loans | 19,381,000 | 19,868,000 | 21,031,000 | 20,013,000 |
| Allowance for loan losses | 390,000 | 390,000 | 390,000 | 388,000 |
| Securities available for sale | 6,621,000 | 6,357,000 | 6,326,000 | 6,381,000 |
| Securities held to maturity | 5,487,000 | 5,474,000 | 5,459,000 | 5,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,452,000 | 40,746,000 | 40,278,000 | 40,090,000 |
| Interest-bearing deposits | 32,491,000 | 32,787,000 | 31,947,000 | 31,997,000 |
| Noninterest-bearing deposits | 7,961,000 | 7,959,000 | 8,331,000 | 8,093,000 |
| Equity capital | 7,218,000 | 7,279,000 | 7,362,000 | 7,419,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 366,000 | 751,000 | 1,154,000 | 1,576,000 |
| Interest expense | 61,000 | 124,000 | 191,000 | 263,000 |
| Net interest income | 305,000 | 627,000 | 963,000 | 1,313,000 |
| Noninterest income | 26,000 | 47,000 | 69,000 | 92,000 |
| Noninterest expense | 255,000 | 509,000 | 728,000 | 1,085,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 76,000 | 165,000 | 304,000 | 310,000 |
| Income tax | 15,000 | 36,000 | 71,000 | 60,000 |
| Net income | 61,000 | 129,000 | 233,000 | 250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,305,000 | 7,373,000 | 7,477,000 | 7,494,000 |
| Total capital | 7,574,000 | 7,649,000 | 7,760,000 | 7,771,000 |
| Risk-weighted assets | 21,426,000 | 22,015,000 | 22,530,000 | 22,023,000 |