Call reports 2019
VANTAGE BANK — 2019
What VANTAGE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 28,293,000 | 30,443,000 | 32,446,000 | 34,777,000 |
| Total loans | 24,327,000 | 27,000,000 | 27,438,000 | 29,623,000 |
| Allowance for loan losses | 302,000 | 311,000 | 320,000 | 329,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,450,000 | 26,265,000 | 28,146,000 | 30,351,000 |
| Interest-bearing deposits | 19,998,000 | 20,884,000 | 20,536,000 | 24,310,000 |
| Noninterest-bearing deposits | 5,452,000 | 5,381,000 | 7,610,000 | 6,041,000 |
| Equity capital | 2,796,000 | 2,808,000 | 2,935,000 | 3,038,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 306,000 | 634,000 | 980,000 | 1,349,000 |
| Interest expense | 48,000 | 101,000 | 164,000 | 235,000 |
| Net interest income | 258,000 | 533,000 | 816,000 | 1,114,000 |
| Noninterest income | 60,000 | 151,000 | 312,000 | 454,000 |
| Noninterest expense | 280,000 | 573,000 | 880,000 | 1,209,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 29,000 | 93,000 | 221,000 | 323,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 29,000 | 93,000 | 221,000 | 323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,485,000 | 2,497,000 | 2,625,000 | 2,729,000 |
| Total capital | 2,779,000 | 2,808,000 | 2,945,000 | 3,058,000 |
| Risk-weighted assets | 23,544,000 | 25,868,000 | 27,157,000 | 28,747,000 |