Call reports 2006
VIRGINIA HERITAGE BANK — 2006
What VIRGINIA HERITAGE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 18,200,000 | 32,913,000 | 41,528,000 | 57,064,000 |
| Total loans | 4,054,000 | 7,731,000 | 15,310,000 | 18,769,000 |
| Allowance for loan losses | 45,000 | 85,000 | 147,000 | 186,000 |
| Securities available for sale | 9,993,000 | 14,991,000 | 14,992,000 | 19,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,572,000 | 19,653,000 | 28,702,000 | 44,711,000 |
| Interest-bearing deposits | 4,262,000 | 18,643,000 | 24,958,000 | 40,027,000 |
| Noninterest-bearing deposits | 309,000 | 1,010,000 | 3,744,000 | 4,684,000 |
| Equity capital | 13,522,000 | 13,099,000 | 12,658,000 | 12,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 205,000 | 546,000 | 1,055,000 | 1,832,000 |
| Interest expense | 28,000 | 152,000 | 380,000 | 827,000 |
| Net interest income | 177,000 | 394,000 | 675,000 | 1,005,000 |
| Noninterest income | 0 | 0 | 53,000 | 204,000 |
| Noninterest expense | 534,000 | 1,134,000 | 1,847,000 | 2,994,000 |
| Provision for loan losses | 39,000 | 79,000 | 141,000 | 180,000 |
| Pretax income | -396,000 | -819,000 | -1,260,000 | -1,965,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -396,000 | -819,000 | -1,260,000 | -1,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,522,000 | 13,099,000 | 12,658,000 | 12,141,000 |
| Total capital | 13,567,000 | 13,184,000 | 12,805,000 | 12,327,000 |
| Risk-weighted assets | 5,086,000 | 10,655,000 | 17,278,000 | 23,530,000 |