Call reports 2010
BANK OF SOUTHSIDE VIRGINIA, THE — 2010
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 509,604,000 | 518,780,000 | 514,876,000 | 503,849,000 |
| Total loans | 316,468,000 | 312,011,000 | 311,795,000 | 307,630,000 |
| Allowance for loan losses | 5,570,000 | 5,445,000 | 5,095,000 | 6,467,000 |
| Securities available for sale | 100,895,000 | 99,780,000 | 100,276,000 | 100,732,000 |
| Securities held to maturity | 50,000 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,771,000 | 446,149,000 | 438,210,000 | 433,015,000 |
| Interest-bearing deposits | 403,508,000 | 409,569,000 | 398,204,000 | 394,445,000 |
| Noninterest-bearing deposits | 35,263,000 | 36,580,000 | 40,006,000 | 38,570,000 |
| Equity capital | 65,577,000 | 67,882,000 | 71,770,000 | 66,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,961,000 | 13,798,000 | 20,773,000 | 27,594,000 |
| Interest expense | 1,487,000 | 2,815,000 | 4,057,000 | 5,248,000 |
| Net interest income | 5,474,000 | 10,983,000 | 16,716,000 | 22,346,000 |
| Noninterest income | 1,098,000 | 2,377,000 | 3,585,000 | 4,778,000 |
| Noninterest expense | 3,479,000 | 6,792,000 | 10,156,000 | 14,028,000 |
| Provision for loan losses | 23,000 | 28,000 | 43,000 | 1,982,000 |
| Pretax income | 3,066,000 | 6,578,000 | 10,118,000 | 10,969,000 |
| Income tax | 816,000 | 1,772,000 | 2,748,000 | 2,744,000 |
| Net income | 2,250,000 | 4,806,000 | 7,370,000 | 8,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,196,000 | 64,836,000 | 67,502,000 | 64,007,000 |
| Total capital | 66,860,000 | 69,484,000 | 72,126,000 | 68,609,000 |
| Risk-weighted assets | 372,243,000 | 371,013,000 | 369,274,000 | 366,368,000 |