Call reports 2021
VANTAGE BANK — 2021
What VANTAGE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 49,431,000 | 48,365,000 | 57,403,000 | 61,791,000 |
| Total loans | 33,694,000 | 36,416,000 | 35,860,000 | 35,508,000 |
| Allowance for loan losses | 445,000 | 451,000 | 457,000 | 463,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,338,000 | 43,182,000 | 51,942,000 | 56,121,000 |
| Interest-bearing deposits | 33,550,000 | 33,463,000 | 40,431,000 | 45,182,000 |
| Noninterest-bearing deposits | 10,788,000 | 9,719,000 | 11,511,000 | 10,939,000 |
| Equity capital | 3,688,000 | 3,837,000 | 4,103,000 | 4,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 342,000 | 709,000 | 1,086,000 | 1,472,000 |
| Interest expense | 51,000 | 101,000 | 150,000 | 201,000 |
| Net interest income | 291,000 | 608,000 | 936,000 | 1,271,000 |
| Noninterest income | 207,000 | 388,000 | 702,000 | 1,030,000 |
| Noninterest expense | 313,000 | 656,000 | 1,026,000 | 1,460,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 179,000 | 328,000 | 594,000 | 817,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 179,000 | 328,000 | 594,000 | 817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,381,000 | 3,531,000 | 3,797,000 | 4,020,000 |
| Total capital | 3,783,000 | 3,953,000 | 4,254,000 | 4,483,000 |
| Risk-weighted assets | 32,174,000 | 33,604,000 | 36,466,000 | 37,694,000 |