Call reports 2014
FVCBANK — 2014
What FVCBANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 527,887,000 | 534,575,000 | 571,723,000 | 604,756,000 |
| Total loans | 419,989,000 | 437,740,000 | 475,061,000 | 509,938,000 |
| Allowance for loan losses | 4,826,000 | 4,849,000 | 5,218,000 | 5,565,000 |
| Securities available for sale | 53,683,000 | 60,773,000 | 60,662,000 | 60,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 459,470,000 | 466,648,000 | 486,963,000 | 504,220,000 |
| Interest-bearing deposits | 359,102,000 | 364,706,000 | 468,238,000 | 479,007,000 |
| Noninterest-bearing deposits | 100,368,000 | 101,943,000 | 18,725,000 | 25,214,000 |
| Equity capital | 62,228,000 | 63,891,000 | 64,948,000 | 66,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,053,000 | 10,460,000 | 16,306,000 | 22,472,000 |
| Interest expense | 764,000 | 1,578,000 | 2,425,000 | 3,287,000 |
| Net interest income | 4,289,000 | 8,882,000 | 13,881,000 | 19,185,000 |
| Noninterest income | 218,000 | 480,000 | 738,000 | 1,236,000 |
| Noninterest expense | 3,314,000 | 6,547,000 | 9,790,000 | 13,316,000 |
| Provision for loan losses | 34,000 | 170,000 | 529,000 | 886,000 |
| Pretax income | 1,229,000 | 2,735,000 | 4,392,000 | 6,296,000 |
| Income tax | 418,000 | 930,000 | 1,493,000 | 2,163,000 |
| Net income | 811,000 | 1,805,000 | 2,899,000 | 4,133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,442,000 | 61,755,000 | 62,871,000 | 64,057,000 |
| Total capital | 65,267,000 | 66,604,000 | 68,089,000 | 69,622,000 |
| Risk-weighted assets | 415,805,000 | 429,651,000 | 481,786,000 | 511,050,000 |