Call reports 2008
FVCBANK — 2008
What FVCBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 39,293,000 | 56,718,000 | 71,730,000 | 102,619,000 |
| Total loans | 12,470,000 | 22,232,000 | 37,775,000 | 58,035,000 |
| Allowance for loan losses | 125,000 | 223,000 | 378,000 | 674,000 |
| Securities available for sale | 11,699,000 | 13,362,000 | 14,817,000 | 15,154,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,611,000 | 34,935,000 | 50,520,000 | 82,148,000 |
| Interest-bearing deposits | 12,966,000 | 29,454,000 | 40,444,000 | 56,195,000 |
| Noninterest-bearing deposits | 3,645,000 | 5,481,000 | 10,076,000 | 25,953,000 |
| Equity capital | 22,231,000 | 21,276,000 | 20,590,000 | 19,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 365,000 | 879,000 | 1,603,000 | 2,595,000 |
| Interest expense | 76,000 | 247,000 | 569,000 | 969,000 |
| Net interest income | 289,000 | 632,000 | 1,034,000 | 1,626,000 |
| Noninterest income | 6,000 | 77,000 | 148,000 | 182,000 |
| Noninterest expense | 819,000 | 1,967,000 | 3,078,000 | 4,545,000 |
| Provision for loan losses | 113,000 | 211,000 | 367,000 | 662,000 |
| Pretax income | -637,000 | -1,469,000 | -2,263,000 | -3,399,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -637,000 | -1,469,000 | -2,263,000 | -3,399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,177,000 | 21,345,000 | 20,551,000 | 19,466,000 |
| Total capital | 22,302,000 | 21,568,000 | 20,929,000 | 20,140,000 |
| Risk-weighted assets | 21,617,000 | 33,572,000 | 48,530,000 | 73,185,000 |