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Vantage Bank of Alabama

Albertville, AL · Cert 58375

FDIC · 2 branches

Q3 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2019, the quarter ended September 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Vantage Bank of Alabama

Albertville, AL · Cert 58375

FDIC · 2 branches

Q3 2019

$134.9MAssets
$88.8MLoans
$116.1MDeposits
$18.5MEquity
Loan mix
71%RE $52.3M19%C&I $13.9M10%Consumer $7.1MQ3 2018Q3 2019
Deposit mix
74%Interest-bearing $86.0M26%Noninterest $30.1MQ3 2018Q3 2019

NIM

4.21%Q3 ’174.45%Q3 ’184.56%Q3 ’19+3%-2%

Non-interest income vs. expense

2.96%Q3 ’173.02%Q3 ’182.67%Q3 ’19+3%-9%

Executive Summary

  • Earnings: ROA of 1.52%, up 36 bps year over year; NIM at 3.98%.
  • Asset quality: problem loans at 0.01% of loans (-14 bps YoY), with net charge-offs at 0.13%.
  • Capital: tier 1 leverage ratio of 13.13%, up 7 bps from a year ago.
  • Funding: loans stand at 76.48% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

1.52%+36 bps YoY

Net Interest Margin (YTD, annualized)

3.98%-7 bps YoY

Efficiency Ratio (YTD, annualized)

56.63%-459 bps YoY

Tier 1 Leverage Ratio

13.13%+7 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets1.16%1.21%1.36%1.41%1.52%+36 bps
Return on Equity8.66%9.06%10.11%10.36%11.18%+252 bps
Net Interest Margin4.05%4.02%4.02%4.03%3.98%-7 bps
Efficiency Ratio61.22%60.60%59.33%58.75%56.63%-459 bps
Non-Interest Burden2.22%2.18%2.16%2.15%2.01%-21 bps
Growth
Asset Growth (YoY)3.23%3.31%5.87%5.20%9.10%+587 bps
Loan Growth (YoY)10.95%9.40%6.51%9.92%6.28%-467 bps
Deposit Growth (YoY)3.19%3.09%5.66%4.65%9.01%+582 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.02%0.20%0.03%0.01%-14 bps
Net Charge-Offs / Loans0.09%0.20%0.03%0.13%0.13%+4 bps
Allowance / Loans1.13%1.03%1.07%1.01%0.96%-17 bps
Allowance Coverage of NPLs7.2x68.2x5.3x34.1x65.5x+58.2x
Capital
Tier 1 Leverage Ratio13.06%12.61%12.89%13.04%13.13%+7 bps
Total Risk-Based Capital19.95%18.85%19.61%19.90%20.92%+97 bps
Equity / Assets13.56%13.42%13.46%13.80%13.73%+17 bps
Liquidity & Funding
Loans / Deposits78.44%80.75%77.27%78.86%76.48%-196 bps
Liquid Assets / Assets2.99%2.58%3.04%2.82%2.65%-34 bps
CRE / Total Capitaln/an/an/an/an/an/an/a