Call reports 2008
VANTAGE BANK — 2008
What VANTAGE 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 | 7,415,000 | 6,790,000 | 7,472,000 | 7,927,000 |
| Total loans | 3,388,000 | 3,759,000 | 4,255,000 | 4,036,000 |
| Allowance for loan losses | 36,000 | 36,000 | 36,000 | 36,000 |
| Securities available for sale | 263,000 | 261,000 | 258,000 | 262,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,610,000 | 5,991,000 | 6,659,000 | 7,116,000 |
| Interest-bearing deposits | 4,821,000 | 4,541,000 | 4,944,000 | 5,272,000 |
| Noninterest-bearing deposits | 1,789,000 | 1,450,000 | 1,715,000 | 1,844,000 |
| Equity capital | 779,000 | 776,000 | 791,000 | 791,000 |
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 | 100,000 | 186,000 | 286,000 | 382,000 |
| Interest expense | 23,000 | 42,000 | 60,000 | 79,000 |
| Net interest income | 77,000 | 144,000 | 226,000 | 303,000 |
| Noninterest income | 19,000 | 37,000 | 60,000 | 83,000 |
| Noninterest expense | 87,000 | 175,000 | 263,000 | 366,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,000 | 6,000 | 23,000 | 20,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 9,000 | 6,000 | 23,000 | 20,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 776,000 | 775,000 | 791,000 | 788,000 |
| Total capital | 812,000 | 811,000 | 827,000 | 824,000 |
| Risk-weighted assets | 3,640,000 | 3,519,000 | 3,924,000 | 4,496,000 |