Call reports 2008
VIRGINIA HERITAGE BANK — 2008
What VIRGINIA HERITAGE 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 | 153,422,000 | 191,647,000 | 215,584,000 | 242,178,000 |
| Total loans | 106,230,000 | 146,742,000 | 184,731,000 | 207,170,000 |
| Allowance for loan losses | 1,132,000 | 1,540,000 | 2,130,000 | 2,265,000 |
| Securities available for sale | 17,891,000 | 27,028,000 | 17,030,000 | 23,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,014,000 | 147,646,000 | 153,780,000 | 171,269,000 |
| Interest-bearing deposits | 91,746,000 | 114,963,000 | 129,164,000 | 145,093,000 |
| Noninterest-bearing deposits | 24,268,000 | 32,683,000 | 24,616,000 | 26,176,000 |
| Equity capital | 30,712,000 | 29,754,000 | 29,706,000 | 29,745,000 |
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 | 2,003,000 | 4,388,000 | 7,298,000 | 10,492,000 |
| Interest expense | 812,000 | 1,807,000 | 3,032,000 | 4,389,000 |
| Net interest income | 1,191,000 | 2,581,000 | 4,266,000 | 6,103,000 |
| Noninterest income | 469,000 | 911,000 | 1,657,000 | 2,436,000 |
| Noninterest expense | 1,920,000 | 3,842,000 | 6,097,000 | 8,633,000 |
| Provision for loan losses | 345,000 | 750,000 | 1,348,000 | 1,612,000 |
| Pretax income | -605,000 | -1,100,000 | -1,522,000 | -1,706,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -605,000 | -1,100,000 | -1,522,000 | -1,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,459,000 | 29,983,000 | 29,600,000 | 29,434,000 |
| Total capital | 31,591,000 | 31,523,000 | 31,730,000 | 31,699,000 |
| Risk-weighted assets | 107,480,000 | 144,143,000 | 182,595,000 | 201,769,000 |