Call reports 2007
VIRGINIA HERITAGE BANK — 2007
What VIRGINIA HERITAGE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 61,901,000 | 67,396,000 | 98,794,000 | 128,765,000 |
| Total loans | 23,596,000 | 31,938,000 | 44,855,000 | 70,763,000 |
| Allowance for loan losses | 237,000 | 341,000 | 485,000 | 803,000 |
| Securities available for sale | 9,926,000 | 14,780,000 | 19,768,000 | 23,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,058,000 | 56,518,000 | 88,791,000 | 95,803,000 |
| Interest-bearing deposits | 45,151,000 | 50,780,000 | 73,451,000 | 75,863,000 |
| Noninterest-bearing deposits | 4,907,000 | 5,738,000 | 15,340,000 | 19,940,000 |
| Equity capital | 11,510,000 | 10,632,000 | 9,619,000 | 31,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 846,000 | 1,806,000 | 3,079,000 | 4,792,000 |
| Interest expense | 485,000 | 1,037,000 | 1,742,000 | 2,553,000 |
| Net interest income | 361,000 | 769,000 | 1,337,000 | 2,239,000 |
| Noninterest income | 229,000 | 414,000 | 610,000 | 859,000 |
| Noninterest expense | 1,160,000 | 2,472,000 | 4,159,000 | 5,868,000 |
| Provision for loan losses | 51,000 | 155,000 | 299,000 | 617,000 |
| Pretax income | -621,000 | -1,444,000 | -2,511,000 | -3,387,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -621,000 | -1,444,000 | -2,511,000 | -3,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,520,000 | 10,697,000 | 9,630,000 | 31,064,000 |
| Total capital | 11,757,000 | 11,038,000 | 10,115,000 | 31,867,000 |
| Risk-weighted assets | 31,714,000 | 38,338,000 | 55,520,000 | 75,860,000 |