Call reports 2020
VANTAGE BANK — 2020
What VANTAGE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 32,578,000 | 40,948,000 | 42,435,000 | 42,044,000 |
| Total loans | 29,309,000 | 33,346,000 | 32,929,000 | 31,294,000 |
| Allowance for loan losses | 337,000 | 364,000 | 402,000 | 439,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,036,000 | 33,184,000 | 34,413,000 | 36,709,000 |
| Interest-bearing deposits | 22,678,000 | 24,668,000 | 26,249,000 | 28,116,000 |
| Noninterest-bearing deposits | 5,358,000 | 8,516,000 | 8,164,000 | 8,593,000 |
| Equity capital | 3,103,000 | 3,408,000 | 3,657,000 | 3,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 364,000 | 740,000 | 1,117,000 | 1,475,000 |
| Interest expense | 72,000 | 134,000 | 194,000 | 255,000 |
| Net interest income | 292,000 | 606,000 | 923,000 | 1,220,000 |
| Noninterest income | 79,000 | 512,000 | 809,000 | 1,151,000 |
| Noninterest expense | 298,000 | 638,000 | 964,000 | 1,338,000 |
| Provision for loan losses | 8,000 | 35,000 | 73,000 | 110,000 |
| Pretax income | 65,000 | 445,000 | 695,000 | 923,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 65,000 | 445,000 | 695,000 | 923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,794,000 | 3,100,000 | 3,349,000 | 3,578,000 |
| Total capital | 3,131,000 | 3,464,000 | 3,713,000 | 3,958,000 |
| Risk-weighted assets | 28,608,000 | 29,386,000 | 29,083,000 | 30,240,000 |