Call reports 2008
VICTORY STATE BANK — 2008
What VICTORY STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 207,793,000 | 214,782,000 | 208,066,000 | 213,181,000 |
| Total loans | 61,356,000 | 63,149,000 | 64,955,000 | 66,295,000 |
| Allowance for loan losses | 919,000 | 859,000 | 943,000 | 988,000 |
| Securities available for sale | 121,880,000 | 125,127,000 | 120,743,000 | 120,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,012,000 | 190,279,000 | 185,588,000 | 189,322,000 |
| Interest-bearing deposits | 118,789,000 | 122,798,000 | 122,881,000 | 129,698,000 |
| Noninterest-bearing deposits | 64,223,000 | 67,481,000 | 62,707,000 | 59,624,000 |
| Equity capital | 23,895,000 | 20,596,000 | 21,206,000 | 22,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,734,000 | 5,419,000 | 8,222,000 | 11,042,000 |
| Interest expense | 670,000 | 1,175,000 | 1,661,000 | 2,140,000 |
| Net interest income | 2,064,000 | 4,244,000 | 6,561,000 | 8,902,000 |
| Noninterest income | 536,000 | 1,119,000 | 1,691,000 | 2,271,000 |
| Noninterest expense | 1,808,000 | 3,619,000 | 5,398,000 | 7,159,000 |
| Provision for loan losses | 30,000 | 85,000 | 125,000 | 285,000 |
| Pretax income | 762,000 | 1,659,000 | 2,729,000 | 3,729,000 |
| Income tax | 352,000 | 768,000 | 1,262,000 | 1,694,000 |
| Net income | 410,000 | 891,000 | 1,467,000 | 2,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,231,000 | 20,943,000 | 21,519,000 | 22,087,000 |
| Total capital | 24,150,000 | 21,802,000 | 22,462,000 | 23,075,000 |
| Risk-weighted assets | 85,638,000 | 89,367,000 | 89,633,000 | 90,728,000 |