Call reports 2012
VANTAGE BANK — 2012
What VANTAGE 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 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 7,661,000 | 9,056,000 | 8,678,000 | 10,566,000 |
| Total loans | 3,175,000 | 4,728,000 | 6,198,000 | 7,106,000 |
| Allowance for loan losses | 32,000 | 16,000 | 38,000 | 45,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,855,000 | 7,759,000 | 7,399,000 | 9,273,000 |
| Interest-bearing deposits | 5,414,000 | 4,861,000 | 4,607,000 | 5,255,000 |
| Noninterest-bearing deposits | 1,441,000 | 2,898,000 | 2,792,000 | 4,018,000 |
| Equity capital | 805,000 | 1,222,000 | 1,204,000 | 1,202,000 |
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 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 54,000 | 38,000 | 123,000 | 212,000 |
| Interest expense | 4,000 | 2,000 | 6,000 | 10,000 |
| Net interest income | 50,000 | 36,000 | 117,000 | 202,000 |
| Noninterest income | 15,000 | 10,000 | 52,000 | 154,000 |
| Noninterest expense | 60,000 | 49,000 | 168,000 | 349,000 |
| Provision for loan losses | 0 | 16,000 | 38,000 | 46,000 |
| Pretax income | 5,000 | -19,000 | -37,000 | -39,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,000 | -19,000 | -37,000 | -39,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 805,000 | 900,000 | 882,000 | 879,000 |
| Total capital | 837,000 | 916,000 | 920,000 | 924,000 |
| Risk-weighted assets | 4,697,000 | 4,787,000 | 5,136,000 | 6,851,000 |