Call reports 2019
VERGAS STATE BANK — 2019
What VERGAS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 47,437,000 | 48,693,000 | 50,088,000 | 50,951,000 |
| Total loans | 18,917,000 | 17,639,000 | 17,666,000 | 17,187,000 |
| Allowance for loan losses | 389,000 | 390,000 | 395,000 | 395,000 |
| Securities available for sale | 6,186,000 | 5,986,000 | 5,490,000 | 2,240,000 |
| Securities held to maturity | 4,795,000 | 5,117,000 | 5,102,000 | 4,949,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,782,000 | 40,946,000 | 42,184,000 | 43,215,000 |
| Interest-bearing deposits | 32,257,000 | 33,328,000 | 34,164,000 | 34,778,000 |
| Noninterest-bearing deposits | 7,525,000 | 7,618,000 | 8,020,000 | 8,437,000 |
| Equity capital | 7,468,000 | 7,581,000 | 7,673,000 | 7,648,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 395,000 | 802,000 | 1,233,000 | 1,632,000 |
| Interest expense | 76,000 | 159,000 | 249,000 | 346,000 |
| Net interest income | 319,000 | 643,000 | 984,000 | 1,286,000 |
| Noninterest income | 22,000 | 41,000 | 59,000 | 78,000 |
| Noninterest expense | 251,000 | 497,000 | 736,000 | 1,095,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 187,000 | 307,000 | 272,000 |
| Income tax | 21,000 | 41,000 | 72,000 | 60,000 |
| Net income | 69,000 | 146,000 | 235,000 | 212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,503,000 | 7,580,000 | 7,669,000 | 7,646,000 |
| Total capital | 7,766,000 | 7,832,000 | 7,922,000 | 7,895,000 |
| Risk-weighted assets | 20,943,000 | 19,992,000 | 20,071,000 | 19,756,000 |