Call reports 2012
BANK OF SOUTHSIDE VIRGINIA, THE — 2012
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 538,484,000 | 539,791,000 | 547,482,000 | 552,291,000 |
| Total loans | 274,347,000 | 268,225,000 | 266,026,000 | 255,563,000 |
| Allowance for loan losses | 6,781,000 | 7,148,000 | 7,129,000 | 6,480,000 |
| Securities available for sale | 102,425,000 | 106,377,000 | 106,107,000 | 107,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 456,036,000 | 455,217,000 | 459,930,000 | 466,035,000 |
| Interest-bearing deposits | 410,523,000 | 409,121,000 | 399,307,000 | 414,342,000 |
| Noninterest-bearing deposits | 45,513,000 | 46,096,000 | 60,623,000 | 51,693,000 |
| Equity capital | 75,327,000 | 77,881,000 | 80,566,000 | 79,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,960,000 | 11,838,000 | 17,490,000 | 23,021,000 |
| Interest expense | 841,000 | 1,610,000 | 2,323,000 | 2,951,000 |
| Net interest income | 5,119,000 | 10,228,000 | 15,167,000 | 20,070,000 |
| Noninterest income | 1,132,000 | 2,409,000 | 3,743,000 | 5,058,000 |
| Noninterest expense | 3,457,000 | 6,872,000 | 10,150,000 | 13,847,000 |
| Provision for loan losses | 9,000 | 524,000 | 538,000 | 805,000 |
| Pretax income | 2,793,000 | 5,251,000 | 8,241,000 | 10,431,000 |
| Income tax | 665,000 | 1,271,000 | 1,999,000 | 1,969,000 |
| Net income | 2,128,000 | 3,980,000 | 6,242,000 | 8,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,991,000 | 73,935,000 | 76,291,000 | 75,119,000 |
| Total capital | 76,087,000 | 78,015,000 | 80,323,000 | 79,054,000 |
| Risk-weighted assets | 325,014,000 | 323,359,000 | 319,482,000 | 312,273,000 |