Call reports 2018
BANK OF SOUTHSIDE VIRGINIA, THE — 2018
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 568,865,000 | 557,932,000 | 549,624,000 | 555,626,000 |
| Total loans | 223,820,000 | 230,966,000 | 237,906,000 | 233,942,000 |
| Allowance for loan losses | 4,691,000 | 4,690,000 | 4,630,000 | 4,704,000 |
| Securities available for sale | 87,652,000 | 91,627,000 | 95,117,000 | 98,505,000 |
| Securities held to maturity | 37,952,000 | 40,636,000 | 39,618,000 | 39,146,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 465,469,000 | 452,636,000 | 442,756,000 | 449,422,000 |
| Interest-bearing deposits | 416,922,000 | 408,020,000 | 402,678,000 | 403,868,000 |
| Noninterest-bearing deposits | 48,547,000 | 44,616,000 | 40,078,000 | 45,554,000 |
| Equity capital | 96,315,000 | 98,223,000 | 99,726,000 | 98,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,642,000 | 9,616,000 | 14,666,000 | 19,878,000 |
| Interest expense | 223,000 | 445,000 | 675,000 | 917,000 |
| Net interest income | 4,419,000 | 9,171,000 | 13,991,000 | 18,961,000 |
| Noninterest income | 1,437,000 | 2,660,000 | 3,629,000 | 4,898,000 |
| Noninterest expense | 3,607,000 | 6,828,000 | 10,082,000 | 13,649,000 |
| Provision for loan losses | 15,000 | 420,000 | 431,000 | 464,000 |
| Pretax income | 2,254,000 | 4,608,000 | 7,026,000 | 9,664,000 |
| Income tax | 228,000 | 526,000 | 694,000 | 1,116,000 |
| Net income | 2,026,000 | 4,082,000 | 6,332,000 | 8,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,345,000 | 98,719,000 | 101,298,000 | 100,524,000 |
| Total capital | 100,781,000 | 103,383,000 | 106,036,000 | 105,126,000 |
| Risk-weighted assets | 334,637,000 | 352,727,000 | 358,460,000 | 354,018,000 |