Call reports 2019
BANK OF SOUTHSIDE VIRGINIA, THE — 2019
What BANK OF SOUTHSIDE VIRGINIA, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 570,749,000 | 568,706,000 | 564,275,000 | 573,583,000 |
| Total loans | 226,806,000 | 223,620,000 | 225,331,000 | 220,355,000 |
| Allowance for loan losses | 4,702,000 | 4,668,000 | 4,682,000 | 4,626,000 |
| Securities available for sale | 99,084,000 | 104,278,000 | 101,286,000 | 104,478,000 |
| Securities held to maturity | 40,705,000 | 40,614,000 | 38,819,000 | 38,326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,449,000 | 455,915,000 | 448,791,000 | 461,416,000 |
| Interest-bearing deposits | 414,714,000 | 402,220,000 | 401,285,000 | 407,932,000 |
| Noninterest-bearing deposits | 46,735,000 | 53,695,000 | 47,506,000 | 53,484,000 |
| Equity capital | 101,047,000 | 104,338,000 | 106,705,000 | 104,206,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,211,000 | 10,383,000 | 15,578,000 | 20,697,000 |
| Interest expense | 252,000 | 524,000 | 796,000 | 1,080,000 |
| Net interest income | 4,959,000 | 9,859,000 | 14,782,000 | 19,617,000 |
| Noninterest income | 1,055,000 | 2,224,000 | 3,330,000 | 4,742,000 |
| Noninterest expense | 3,479,000 | 6,900,000 | 10,577,000 | 14,565,000 |
| Provision for loan losses | 8,000 | 24,000 | 41,000 | 52,000 |
| Pretax income | 2,676,000 | 5,764,000 | 8,035,000 | 10,348,000 |
| Income tax | 376,000 | 819,000 | 1,041,000 | 951,000 |
| Net income | 2,300,000 | 4,945,000 | 6,994,000 | 9,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,982,000 | 105,627,000 | 107,676,000 | 105,489,000 |
| Total capital | 107,417,000 | 110,116,000 | 112,158,000 | 109,903,000 |
| Risk-weighted assets | 354,558,000 | 358,971,000 | 358,361,000 | 352,943,000 |