Call reports 2015
BANK OF SOUTHSIDE VIRGINIA, THE — 2015
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 555,862,000 | 550,349,000 | 550,344,000 | 548,455,000 |
| Total loans | 238,290,000 | 239,260,000 | 237,696,000 | 231,786,000 |
| Allowance for loan losses | 5,697,000 | 5,739,000 | 5,647,000 | 5,367,000 |
| Securities available for sale | 107,689,000 | 105,122,000 | 103,424,000 | 102,942,000 |
| Securities held to maturity | 2,070,000 | 6,076,000 | 7,565,000 | 11,956,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 460,853,000 | 454,548,000 | 452,280,000 | 452,976,000 |
| Interest-bearing deposits | 409,704,000 | 404,036,000 | 407,321,000 | 389,408,000 |
| Noninterest-bearing deposits | 51,149,000 | 50,512,000 | 44,959,000 | 63,568,000 |
| Equity capital | 88,357,000 | 88,850,000 | 90,980,000 | 88,803,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,535,000 | 9,190,000 | 13,686,000 | 18,176,000 |
| Interest expense | 346,000 | 685,000 | 1,012,000 | 1,320,000 |
| Net interest income | 4,189,000 | 8,505,000 | 12,674,000 | 16,856,000 |
| Noninterest income | 1,234,000 | 2,692,000 | 4,062,000 | 5,541,000 |
| Noninterest expense | 3,357,000 | 6,710,000 | 9,922,000 | 13,619,000 |
| Provision for loan losses | 12,000 | 26,000 | 43,000 | 655,000 |
| Pretax income | 2,069,000 | 4,476,000 | 6,992,000 | 8,207,000 |
| Income tax | 374,000 | 860,000 | 1,391,000 | 1,045,000 |
| Net income | 1,695,000 | 3,616,000 | 5,601,000 | 7,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,480,000 | 87,018,000 | 89,040,000 | 86,629,000 |
| Total capital | 89,601,000 | 91,613,000 | 93,377,000 | 90,962,000 |
| Risk-weighted assets | 315,645,000 | 311,864,000 | 309,678,000 | 311,521,000 |