Call reports 2008
VIRGINIA COMPANY BANK — 2008
What VIRGINIA COMPANY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 77,578,000 | 83,210,000 | 95,847,000 | 103,264,000 |
| Total loans | 66,502,000 | 71,602,000 | 78,315,000 | 87,125,000 |
| Allowance for loan losses | 861,000 | 916,000 | 1,001,000 | 1,121,000 |
| Securities available for sale | 4,098,000 | 5,045,000 | 12,652,000 | 11,799,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,592,000 | 62,198,000 | 63,664,000 | 73,587,000 |
| Interest-bearing deposits | 53,272,000 | 59,003,000 | 57,813,000 | 68,147,000 |
| Noninterest-bearing deposits | 4,320,000 | 3,195,000 | 5,851,000 | 5,440,000 |
| Equity capital | 9,679,000 | 9,309,000 | 8,957,000 | 8,898,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,198,000 | 2,366,000 | 3,637,000 | 4,956,000 |
| Interest expense | 684,000 | 1,354,000 | 2,079,000 | 2,771,000 |
| Net interest income | 514,000 | 1,012,000 | 1,558,000 | 2,185,000 |
| Noninterest income | 29,000 | 61,000 | 94,000 | 129,000 |
| Noninterest expense | 744,000 | 1,545,000 | 2,393,000 | 3,127,000 |
| Provision for loan losses | 90,000 | 145,000 | 230,000 | 350,000 |
| Pretax income | -291,000 | -617,000 | -971,000 | -1,162,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -291,000 | -617,000 | -971,000 | -1,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,565,000 | 9,251,000 | 8,910,000 | 8,682,000 |
| Total capital | 10,426,000 | 10,167,000 | 9,911,000 | 9,803,000 |
| Risk-weighted assets | 73,080,000 | 76,491,000 | 83,750,000 | 93,938,000 |
Machine access — free, no API key
Every figure shown here about VIRGINIA COMPANY BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.