Call reports 2013
BANK OF SOUTHSIDE VIRGINIA, THE — 2013
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 554,112,000 | 550,403,000 | 540,139,000 | 543,131,000 |
| Total loans | 250,162,000 | 251,090,000 | 247,392,000 | 242,823,000 |
| Allowance for loan losses | 6,445,000 | 6,435,000 | 6,102,000 | 6,220,000 |
| Securities available for sale | 111,738,000 | 108,698,000 | 110,725,000 | 109,154,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 465,616,000 | 462,953,000 | 450,834,000 | 457,942,000 |
| Interest-bearing deposits | 417,320,000 | 395,204,000 | 403,055,000 | 415,016,000 |
| Noninterest-bearing deposits | 48,296,000 | 67,749,000 | 47,779,000 | 42,926,000 |
| Equity capital | 81,208,000 | 80,254,000 | 82,037,000 | 81,572,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,469,000 | 10,754,000 | 15,955,000 | 21,144,000 |
| Interest expense | 551,000 | 1,062,000 | 1,552,000 | 2,017,000 |
| Net interest income | 4,918,000 | 9,692,000 | 14,403,000 | 19,127,000 |
| Noninterest income | 1,154,000 | 2,498,000 | 3,854,000 | 5,148,000 |
| Noninterest expense | 3,322,000 | 6,714,000 | 10,104,000 | 14,025,000 |
| Provision for loan losses | 17,000 | 40,000 | 361,000 | 574,000 |
| Pretax income | 2,735,000 | 5,931,000 | 8,945,000 | 10,657,000 |
| Income tax | 682,000 | 1,456,000 | 2,177,000 | 2,089,000 |
| Net income | 2,053,000 | 4,475,000 | 6,768,000 | 8,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,265,000 | 77,315,000 | 82,167,000 | 79,528,000 |
| Total capital | 81,163,000 | 81,197,000 | 86,007,000 | 83,282,000 |
| Risk-weighted assets | 309,292,000 | 308,027,000 | 304,936,000 | 297,878,000 |