Call reports 2010
VIRGINIA HERITAGE BANK — 2010
What VIRGINIA HERITAGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 380,972,000 | 405,236,000 | 432,195,000 | 452,507,000 |
| Total loans | 321,509,000 | 358,682,000 | 394,340,000 | 378,622,000 |
| Allowance for loan losses | 3,829,000 | 4,332,000 | 4,790,000 | 4,806,000 |
| Securities available for sale | 18,953,000 | 21,033,000 | 20,417,000 | 40,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,013,000 | 333,850,000 | 362,264,000 | 381,426,000 |
| Interest-bearing deposits | 250,718,000 | 284,250,000 | 312,703,000 | 334,064,000 |
| Noninterest-bearing deposits | 49,295,000 | 49,600,000 | 49,561,000 | 47,362,000 |
| Equity capital | 33,790,000 | 34,508,000 | 35,595,000 | 41,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,711,000 | 9,852,000 | 15,521,000 | 21,479,000 |
| Interest expense | 1,448,000 | 3,078,000 | 4,732,000 | 6,463,000 |
| Net interest income | 3,263,000 | 6,774,000 | 10,789,000 | 15,016,000 |
| Noninterest income | 591,000 | 1,706,000 | 3,699,000 | 5,694,000 |
| Noninterest expense | 2,824,000 | 6,086,000 | 9,910,000 | 14,344,000 |
| Provision for loan losses | 300,000 | 800,000 | 1,477,000 | 2,002,000 |
| Pretax income | 730,000 | 1,690,000 | 3,254,000 | 4,518,000 |
| Income tax | -1,939,000 | -1,603,000 | -1,061,000 | -629,000 |
| Net income | 2,669,000 | 3,293,000 | 4,315,000 | 5,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,970,000 | 33,599,000 | 35,000,000 | 41,248,000 |
| Total capital | 36,799,000 | 37,931,000 | 39,701,000 | 45,920,000 |
| Risk-weighted assets | 318,850,000 | 347,988,000 | 375,975,000 | 373,638,000 |