Call reports 2023
VIRGINIA PARTNERS BANK — 2023
What VIRGINIA PARTNERS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Total assets | 623,445,000 | 638,154,000 | 637,183,000 |
| Total loans | 503,762,000 | 520,172,000 | 523,560,000 |
| Allowance for loan losses | 6,163,000 | 6,268,000 | 6,339,000 |
| Securities available for sale | 74,122,000 | 70,401,000 | 65,960,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 510,731,000 | 524,076,000 | 544,906,000 |
| Interest-bearing deposits | 315,751,000 | 336,398,000 | 345,578,000 |
| Noninterest-bearing deposits | 194,980,000 | 187,678,000 | 199,328,000 |
| Equity capital | 55,509,000 | 55,211,000 | 54,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Interest income | 7,129,000 | 14,756,000 | 22,732,000 |
| Interest expense | 1,455,000 | 3,648,000 | 6,097,000 |
| Net interest income | 5,674,000 | 11,108,000 | 16,635,000 |
| Noninterest income | 440,000 | 759,000 | 1,085,000 |
| Noninterest expense | 4,358,000 | 8,661,000 | 12,689,000 |
| Provision for loan losses | 195,000 | 277,000 | 334,000 |
| Pretax income | 1,681,000 | 3,038,000 | 4,860,000 |
| Income tax | 427,000 | 787,000 | 1,260,000 |
| Net income | 1,285,000 | 2,367,000 | 3,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 |
|---|---|---|---|
| Tier 1 capital | 59,455,000 | 60,092,000 | 61,082,000 |
| Total capital | 64,739,000 | 65,379,000 | 66,386,000 |
| Risk-weighted assets | 574,210,000 | 591,211,000 | 582,452,000 |