Call reports 2012
VANTAGESOUTH BANK — 2012
What VANTAGESOUTH BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 |
|---|---|---|---|
| Total assets | 257,267,000 | 248,418,000 | 260,671,000 |
| Total loans | 191,542,000 | 192,718,000 | 199,298,000 |
| Allowance for loan losses | 870,000 | 930,000 | 882,000 |
| Securities available for sale | 23,584,000 | 22,325,000 | 20,789,000 |
| Securities held to maturity | 125,000 | 130,000 | 166,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 217,736,000 | 207,101,000 | 219,090,000 |
| Interest-bearing deposits | 193,820,000 | 182,155,000 | 193,819,000 |
| Noninterest-bearing deposits | 23,916,000 | 24,946,000 | 25,271,000 |
| Equity capital | 26,582,000 | 27,318,000 | 28,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 |
|---|---|---|---|
| Interest income | 1,943,000 | 4,946,000 | 7,946,000 |
| Interest expense | 279,000 | 641,000 | 999,000 |
| Net interest income | 1,664,000 | 4,305,000 | 6,947,000 |
| Noninterest income | 273,000 | 992,000 | 1,991,000 |
| Noninterest expense | 2,157,000 | 4,606,000 | 6,891,000 |
| Provision for loan losses | 189,000 | 267,000 | 387,000 |
| Pretax income | -409,000 | 424,000 | 1,660,000 |
| Income tax | -153,000 | -73,000 | -73,000 |
| Net income | -256,000 | 497,000 | 1,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 |
|---|---|---|---|
| Tier 1 capital | 21,866,000 | 23,373,000 | 24,641,000 |
| Total capital | 22,736,000 | 24,303,000 | 25,523,000 |
| Risk-weighted assets | 195,730,000 | 194,521,000 | 192,204,000 |