Call reports 2016
VANTAGE BANK — 2016
What VANTAGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 19,792,000 | 21,947,000 | 22,169,000 | 21,567,000 |
| Total loans | 17,436,000 | 19,137,000 | 20,282,000 | 19,989,000 |
| Allowance for loan losses | 130,000 | 142,000 | 154,000 | 166,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,001,000 | 19,151,000 | 19,947,000 | 19,245,000 |
| Interest-bearing deposits | 13,316,000 | 15,197,000 | 15,604,000 | 15,465,000 |
| Noninterest-bearing deposits | 3,685,000 | 3,954,000 | 4,343,000 | 3,780,000 |
| Equity capital | 2,101,000 | 2,109,000 | 2,188,000 | 2,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 203,000 | 425,000 | 663,000 | 904,000 |
| Interest expense | 25,000 | 53,000 | 85,000 | 115,000 |
| Net interest income | 178,000 | 372,000 | 578,000 | 789,000 |
| Noninterest income | 82,000 | 180,000 | 345,000 | 442,000 |
| Noninterest expense | 229,000 | 502,000 | 781,000 | 1,063,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 19,000 | 26,000 | 106,000 | 120,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 19,000 | 26,000 | 106,000 | 120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,784,000 | 1,793,000 | 1,872,000 | 1,886,000 |
| Total capital | 1,914,000 | 1,935,000 | 2,026,000 | 2,052,000 |
| Risk-weighted assets | 14,257,000 | 15,475,000 | 16,236,000 | 16,528,000 |