Call reports 2011
VIRGINIA HERITAGE BANK — 2011
What VIRGINIA HERITAGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 481,595,000 | 521,244,000 | 549,917,000 | 578,087,000 |
| Total loans | 391,975,000 | 410,220,000 | 433,338,000 | 457,277,000 |
| Allowance for loan losses | 5,072,000 | 5,445,000 | 5,744,000 | 6,122,000 |
| Securities available for sale | 56,836,000 | 78,849,000 | 91,066,000 | 98,821,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,070,000 | 439,245,000 | 471,001,000 | 491,713,000 |
| Interest-bearing deposits | 366,378,000 | 385,838,000 | 415,941,000 | 434,377,000 |
| Noninterest-bearing deposits | 45,692,000 | 53,407,000 | 55,060,000 | 57,336,000 |
| Equity capital | 42,160,000 | 59,071,000 | 61,245,000 | 62,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,818,000 | 12,178,000 | 18,908,000 | 26,140,000 |
| Interest expense | 1,720,000 | 3,490,000 | 5,217,000 | 6,895,000 |
| Net interest income | 4,098,000 | 8,688,000 | 13,691,000 | 19,245,000 |
| Noninterest income | 843,000 | 2,364,000 | 4,299,000 | 6,421,000 |
| Noninterest expense | 3,482,000 | 7,536,000 | 11,866,000 | 16,610,000 |
| Provision for loan losses | 360,000 | 758,000 | 1,308,000 | 2,037,000 |
| Pretax income | 1,165,000 | 2,908,000 | 5,161,000 | 7,739,000 |
| Income tax | 399,000 | 982,000 | 1,740,000 | 2,601,000 |
| Net income | 766,000 | 1,926,000 | 3,421,000 | 5,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,070,000 | 58,747,000 | 60,227,000 | 61,926,000 |
| Total capital | 46,942,000 | 63,827,000 | 65,637,000 | 67,663,000 |
| Risk-weighted assets | 414,587,000 | 427,069,000 | 435,714,000 | 486,856,000 |