Call reports 2014
VIRGINIA HERITAGE BANK — 2014
What VIRGINIA HERITAGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Total assets | 917,409,000 | 955,685,000 | 951,668,000 |
| Total loans | 739,817,000 | 776,608,000 | 805,878,000 |
| Allowance for loan losses | 10,062,000 | 10,372,000 | 10,301,000 |
| Securities available for sale | 134,900,000 | 114,256,000 | 95,865,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 737,062,000 | 776,116,000 | 742,829,000 |
| Interest-bearing deposits | 564,345,000 | 582,767,000 | 602,970,000 |
| Noninterest-bearing deposits | 172,717,000 | 193,349,000 | 139,859,000 |
| Equity capital | 100,162,000 | 103,304,000 | 106,188,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Interest income | 9,204,000 | 18,579,000 | 28,497,000 |
| Interest expense | 1,322,000 | 2,650,000 | 4,012,000 |
| Net interest income | 7,882,000 | 15,929,000 | 24,485,000 |
| Noninterest income | 1,608,000 | 3,691,000 | 5,704,000 |
| Noninterest expense | 5,465,000 | 11,982,000 | 18,430,000 |
| Provision for loan losses | 456,000 | 760,000 | 760,000 |
| Pretax income | 3,363,000 | 6,688,000 | 10,719,000 |
| Income tax | 1,159,000 | 2,402,000 | 3,915,000 |
| Net income | 2,204,000 | 4,286,000 | 6,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 102,748,000 | 104,882,000 | 107,619,000 |
| Total capital | 112,265,000 | 114,698,000 | 117,800,000 |
| Risk-weighted assets | 760,785,000 | 784,751,000 | 816,038,000 |