Call reports 2008
ATLANTIC UNION BANK — 2008
What ATLANTIC UNION 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 | 1,752,369,000 | 1,765,555,000 | 1,815,096,000 | 2,033,806,000 |
| Total loans | 1,388,158,000 | 1,401,697,000 | 1,427,512,000 | 1,554,457,000 |
| Allowance for loan losses | 16,520,000 | 17,554,000 | 20,230,000 | 22,475,000 |
| Securities available for sale | 174,278,000 | 172,970,000 | 173,331,000 | 196,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,246,639,000 | 1,274,584,000 | 1,295,148,000 | 1,518,372,000 |
| Interest-bearing deposits | 1,012,460,000 | 1,047,712,000 | 1,071,600,000 | 1,234,743,000 |
| Noninterest-bearing deposits | 234,179,000 | 226,872,000 | 223,548,000 | 283,629,000 |
| Equity capital | 203,951,000 | 202,781,000 | 203,655,000 | 223,664,000 |
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 | 24,800,000 | 49,565,000 | 74,892,000 | 100,389,000 |
| Interest expense | 10,394,000 | 19,684,000 | 29,194,000 | 39,562,000 |
| Net interest income | 14,406,000 | 29,881,000 | 45,698,000 | 60,827,000 |
| Noninterest income | 5,792,000 | 11,789,000 | 19,176,000 | 24,193,000 |
| Noninterest expense | 13,899,000 | 28,873,000 | 43,759,000 | 58,860,000 |
| Provision for loan losses | 1,400,000 | 2,825,000 | 6,275,000 | 9,125,000 |
| Pretax income | 4,914,000 | 9,992,000 | 14,860,000 | 17,055,000 |
| Income tax | 1,421,000 | 2,833,000 | 4,137,000 | 4,453,000 |
| Net income | 3,493,000 | 7,159,000 | 10,723,000 | 12,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,740,000 | 143,012,000 | 144,924,000 | 164,964,000 |
| Total capital | 158,260,000 | 160,566,000 | 165,154,000 | 185,582,000 |
| Risk-weighted assets | 1,491,538,000 | 1,507,088,000 | 1,516,494,000 | 1,647,557,000 |