Call reports 2014
VANTAGE BANK — 2014
What VANTAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 11,437,000 | 12,044,000 | 14,484,000 | 14,719,000 |
| Total loans | 8,717,000 | 10,460,000 | 12,521,000 | 13,253,000 |
| Allowance for loan losses | 50,000 | 50,000 | 54,000 | 66,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,517,000 | 9,780,000 | 12,088,000 | 11,622,000 |
| Interest-bearing deposits | 5,941,000 | 6,524,000 | 7,746,000 | 7,902,000 |
| Noninterest-bearing deposits | 3,576,000 | 3,256,000 | 4,342,000 | 3,720,000 |
| Equity capital | 1,242,000 | 1,586,000 | 1,721,000 | 1,718,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 106,000 | 220,000 | 362,000 | 518,000 |
| Interest expense | 5,000 | 12,000 | 19,000 | 28,000 |
| Net interest income | 101,000 | 208,000 | 343,000 | 490,000 |
| Noninterest income | 40,000 | 79,000 | 192,000 | 226,000 |
| Noninterest expense | 177,000 | 354,000 | 538,000 | 713,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 17,000 |
| Pretax income | -36,000 | -67,000 | -7,000 | -14,000 |
| Income tax | 0 | 0 | 0 | -4,000 |
| Net income | -36,000 | -67,000 | -7,000 | -10,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 921,000 | 1,266,000 | 1,401,000 | 1,399,000 |
| Total capital | 971,000 | 1,316,000 | 1,455,000 | 1,465,000 |
| Risk-weighted assets | 6,899,000 | 7,924,000 | 9,445,000 | 10,180,000 |