Call reports 2003
VANTAGE BANK — 2003
What VANTAGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 7,000,000 | 6,846,000 | 7,130,000 | 7,493,000 |
| Total loans | 3,492,000 | 3,845,000 | 4,062,000 | 3,528,000 |
| Allowance for loan losses | 32,000 | 32,000 | 32,000 | 32,000 |
| Securities available for sale | 376,000 | 922,000 | 1,112,000 | 853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,286,000 | 6,115,000 | 6,397,000 | 6,765,000 |
| Interest-bearing deposits | 4,886,000 | 4,954,000 | 4,968,000 | 5,160,000 |
| Noninterest-bearing deposits | 1,400,000 | 1,161,000 | 1,429,000 | 1,605,000 |
| Equity capital | 693,000 | 703,000 | 705,000 | 702,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 77,000 | 160,000 | 246,000 | 333,000 |
| Interest expense | 21,000 | 40,000 | 57,000 | 73,000 |
| Net interest income | 56,000 | 120,000 | 189,000 | 260,000 |
| Noninterest income | 20,000 | 39,000 | 59,000 | 75,000 |
| Noninterest expense | 78,000 | 151,000 | 234,000 | 319,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -2,000 | 8,000 | 14,000 | 16,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | -2,000 | 6,000 | 12,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 693,000 | 690,000 | 695,000 | 696,000 |
| Total capital | 725,000 | 722,000 | 727,000 | 728,000 |
| Risk-weighted assets | 4,516,000 | 4,769,000 | 5,034,000 | 4,676,000 |