Call reports 2011
VANTAGE BANK — 2011
What VANTAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 7,307,000 | 6,480,000 | 7,434,000 | 7,120,000 |
| Total loans | 3,037,000 | 3,798,000 | 3,969,000 | 3,616,000 |
| Allowance for loan losses | 32,000 | 32,000 | 32,000 | 32,000 |
| Securities available for sale | 6,000 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,508,000 | 5,682,000 | 6,626,000 | 6,319,000 |
| Interest-bearing deposits | 4,479,000 | 3,772,000 | 3,735,000 | 4,270,000 |
| Noninterest-bearing deposits | 2,029,000 | 1,910,000 | 2,891,000 | 2,049,000 |
| Equity capital | 785,000 | 784,000 | 793,000 | 800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 57,000 | 115,000 | 181,000 | 244,000 |
| Interest expense | 4,000 | 8,000 | 12,000 | 16,000 |
| Net interest income | 53,000 | 107,000 | 169,000 | 228,000 |
| Noninterest income | 17,000 | 33,000 | 49,000 | 62,000 |
| Noninterest expense | 78,000 | 149,000 | 218,000 | 283,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -8,000 | -9,000 | 0 | 7,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -8,000 | -9,000 | 0 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 785,000 | 784,000 | 793,000 | 800,000 |
| Total capital | 817,000 | 816,000 | 825,000 | 832,000 |
| Risk-weighted assets | 4,212,000 | 3,961,000 | 3,918,000 | 3,900,000 |