Call reports 2020
VIRGINIA PARTNERS BANK — 2020
What VIRGINIA PARTNERS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 467,850,000 | 579,288,000 | 594,339,000 | 567,392,000 |
| Total loans | 370,450,000 | 417,750,000 | 430,402,000 | 392,547,000 |
| Allowance for loan losses | 589,000 | 1,016,000 | 1,446,000 | 1,700,000 |
| Securities available for sale | 46,765,000 | 69,040,000 | 66,594,000 | 60,280,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,710,000 | 415,735,000 | 426,761,000 | 442,663,000 |
| Interest-bearing deposits | 299,742,000 | 313,055,000 | 318,808,000 | 337,794,000 |
| Noninterest-bearing deposits | 66,968,000 | 102,680,000 | 107,953,000 | 104,869,000 |
| Equity capital | 53,666,000 | 54,765,000 | 55,311,000 | 55,884,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,375,000 | 10,763,000 | 16,064,000 | 21,822,000 |
| Interest expense | 1,312,000 | 2,559,000 | 3,736,000 | 4,838,000 |
| Net interest income | 4,063,000 | 8,204,000 | 12,328,000 | 16,984,000 |
| Noninterest income | 616,000 | 1,572,000 | 3,113,000 | 4,739,000 |
| Noninterest expense | 3,367,000 | 6,832,000 | 10,635,000 | 15,407,000 |
| Provision for loan losses | 348,000 | 775,000 | 1,242,000 | 1,494,000 |
| Pretax income | 964,000 | 2,550,000 | 3,945,000 | 5,236,000 |
| Income tax | 235,000 | 586,000 | 829,000 | 1,040,000 |
| Net income | 713,000 | 1,833,000 | 2,746,000 | 3,543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,496,000 | 48,659,000 | 49,599,000 | 50,271,000 |
| Total capital | 48,085,000 | 49,675,000 | 51,045,000 | 51,971,000 |
| Risk-weighted assets | 383,413,000 | 379,107,000 | 391,287,000 | 383,761,000 |