Call reports 2022
VANTAGE BANK — 2022
What VANTAGE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 62,453,000 | 58,153,000 | 62,700,000 | 58,758,000 |
| Total loans | 35,775,000 | 38,854,000 | 45,070,000 | 46,396,000 |
| Allowance for loan losses | 469,000 | 475,000 | 484,000 | 504,000 |
| Securities available for sale | 0 | 8,829,000 | 8,841,000 | 8,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,767,000 | 53,687,000 | 57,986,000 | 53,734,000 |
| Interest-bearing deposits | 46,425,000 | 43,502,000 | 45,531,000 | 41,725,000 |
| Noninterest-bearing deposits | 10,342,000 | 10,185,000 | 12,455,000 | 12,009,000 |
| Equity capital | 4,343,000 | 4,422,000 | 4,654,000 | 4,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 379,000 | 827,000 | 1,406,000 | 2,058,000 |
| Interest expense | 49,000 | 94,000 | 136,000 | 180,000 |
| Net interest income | 330,000 | 733,000 | 1,270,000 | 1,878,000 |
| Noninterest income | 102,000 | 159,000 | 248,000 | 314,000 |
| Noninterest expense | 359,000 | 747,000 | 1,130,000 | 1,578,000 |
| Provision for loan losses | 6,000 | 12,000 | 21,000 | 41,000 |
| Pretax income | 67,000 | 133,000 | 367,000 | 573,000 |
| Income tax | 50,000 | 50,000 | 50,000 | 50,000 |
| Net income | 17,000 | 83,000 | 317,000 | 523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,038,000 | 4,203,000 | 4,438,000 | 4,644,000 |
| Total capital | 4,507,000 | 4,669,000 | 4,922,000 | 5,148,000 |
| Risk-weighted assets | 38,335,000 | 37,352,000 | 41,596,000 | 40,884,000 |