Call reports 2017
BANK OF SOUTHSIDE VIRGINIA, THE — 2017
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 561,664,000 | 561,932,000 | 553,524,000 | 555,850,000 |
| Total loans | 224,194,000 | 228,642,000 | 230,231,000 | 225,944,000 |
| Allowance for loan losses | 5,132,000 | 5,039,000 | 4,740,000 | 4,958,000 |
| Securities available for sale | 94,278,000 | 94,068,000 | 91,199,000 | 89,163,000 |
| Securities held to maturity | 26,899,000 | 28,660,000 | 31,230,000 | 34,163,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,223,000 | 459,056,000 | 448,707,000 | 453,467,000 |
| Interest-bearing deposits | 414,243,000 | 409,249,000 | 405,626,000 | 406,543,000 |
| Noninterest-bearing deposits | 46,980,000 | 49,807,000 | 43,081,000 | 46,924,000 |
| Equity capital | 92,852,000 | 95,270,000 | 97,068,000 | 95,345,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,499,000 | 9,019,000 | 13,715,000 | 18,338,000 |
| Interest expense | 248,000 | 493,000 | 733,000 | 966,000 |
| Net interest income | 4,251,000 | 8,526,000 | 12,982,000 | 17,372,000 |
| Noninterest income | 1,376,000 | 3,010,000 | 4,485,000 | 6,044,000 |
| Noninterest expense | 3,704,000 | 7,480,000 | 10,637,000 | 14,292,000 |
| Provision for loan losses | 18,000 | 30,000 | 42,000 | 361,000 |
| Pretax income | 2,351,000 | 4,472,000 | 7,253,000 | 9,018,000 |
| Income tax | 492,000 | 892,000 | 1,533,000 | 1,137,000 |
| Net income | 1,859,000 | 3,580,000 | 5,720,000 | 7,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,945,000 | 93,665,000 | 95,806,000 | 94,417,000 |
| Total capital | 96,401,000 | 98,132,000 | 100,222,000 | 98,910,000 |
| Risk-weighted assets | 325,264,000 | 326,782,000 | 328,892,000 | 338,802,000 |