Call reports 2008
BANK OF SOUTHSIDE VIRGINIA, THE — 2008
What BANK OF SOUTHSIDE VIRGINIA, THE 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 | 474,884,000 | 486,591,000 | 473,328,000 | 483,661,000 |
| Total loans | 298,114,000 | 305,763,000 | 317,239,000 | 321,846,000 |
| Allowance for loan losses | 4,923,000 | 4,908,000 | 4,718,000 | 4,985,000 |
| Securities available for sale | 141,755,000 | 142,216,000 | 102,409,000 | 99,821,000 |
| Securities held to maturity | 75,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 404,413,000 | 413,106,000 | 411,435,000 | 419,882,000 |
| Interest-bearing deposits | 369,793,000 | 377,373,000 | 373,923,000 | 381,980,000 |
| Noninterest-bearing deposits | 34,620,000 | 35,733,000 | 37,512,000 | 37,902,000 |
| Equity capital | 64,735,000 | 65,192,000 | 56,718,000 | 57,418,000 |
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 | 7,582,000 | 15,044,000 | 22,699,000 | 30,138,000 |
| Interest expense | 2,406,000 | 4,764,000 | 7,055,000 | 9,267,000 |
| Net interest income | 5,176,000 | 10,280,000 | 15,644,000 | 20,871,000 |
| Noninterest income | 1,403,000 | 2,961,000 | 4,364,000 | 5,723,000 |
| Noninterest expense | 3,212,000 | 6,489,000 | 9,595,000 | 13,193,000 |
| Provision for loan losses | 0 | 0 | 0 | 286,000 |
| Pretax income | 3,376,000 | 6,761,000 | -2,716,000 | -612,000 |
| Income tax | 838,000 | 1,693,000 | 2,650,000 | -1,462,000 |
| Net income | 2,538,000 | 5,068,000 | -5,366,000 | 850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,466,000 | 61,148,000 | 58,720,000 | 56,070,000 |
| Total capital | 64,329,000 | 65,928,000 | 63,374,000 | 60,773,000 |
| Risk-weighted assets | 388,961,000 | 399,369,000 | 372,239,000 | 376,012,000 |
Machine access — free, no API key
Every figure shown here about BANK OF SOUTHSIDE VIRGINIA, THE — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.