Call reports 2017
VANTAGE BANK — 2017
What VANTAGE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 22,202,000 | 24,072,000 | 25,092,000 | 25,732,000 |
| Total loans | 20,412,000 | 21,769,000 | 23,531,000 | 22,935,000 |
| Allowance for loan losses | 170,000 | 188,000 | 235,000 | 247,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,571,000 | 19,994,000 | 21,196,000 | 23,142,000 |
| Interest-bearing deposits | 15,513,000 | 15,803,000 | 16,237,000 | 18,212,000 |
| Noninterest-bearing deposits | 4,058,000 | 4,191,000 | 4,959,000 | 4,930,000 |
| Equity capital | 2,207,000 | 2,250,000 | 2,310,000 | 2,561,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 231,000 | 483,000 | 753,000 | 1,032,000 |
| Interest expense | 28,000 | 54,000 | 86,000 | 120,000 |
| Net interest income | 203,000 | 429,000 | 667,000 | 912,000 |
| Noninterest income | 59,000 | 191,000 | 296,000 | 401,000 |
| Noninterest expense | 253,000 | 549,000 | 787,000 | 1,062,000 |
| Provision for loan losses | 4,000 | 23,000 | 69,000 | 81,000 |
| Pretax income | 5,000 | 48,000 | 107,000 | 170,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,000 | 48,000 | 107,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,893,000 | 1,936,000 | 1,996,000 | 2,247,000 |
| Total capital | 2,063,000 | 2,124,000 | 2,231,000 | 2,494,000 |
| Risk-weighted assets | 16,715,000 | 18,210,000 | 20,092,000 | 19,909,000 |