Call reports 2001
VIRGINIA COMMONWEALTH BANK — 2001
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 222,522,000 | 221,483,000 | 233,434,000 | 244,533,000 |
| Total loans | 151,170,000 | 150,639,000 | 153,647,000 | 151,745,000 |
| Allowance for loan losses | 1,455,000 | 1,500,000 | 1,573,000 | 1,493,000 |
| Securities available for sale | 46,618,000 | 47,587,000 | 47,056,000 | 46,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,093,000 | 196,665,000 | 207,568,000 | 220,356,000 |
| Interest-bearing deposits | 174,277,000 | 170,523,000 | 181,679,000 | 193,085,000 |
| Noninterest-bearing deposits | 23,816,000 | 26,142,000 | 25,889,000 | 27,271,000 |
| Equity capital | 19,851,000 | 20,123,000 | 20,967,000 | 19,924,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,025,000 | 7,909,000 | 11,895,000 | 15,873,000 |
| Interest expense | 2,089,000 | 3,961,000 | 5,709,000 | 7,321,000 |
| Net interest income | 1,936,000 | 3,948,000 | 6,186,000 | 8,552,000 |
| Noninterest income | 293,000 | 606,000 | 931,000 | 1,252,000 |
| Noninterest expense | 1,570,000 | 3,210,000 | 4,904,000 | 6,579,000 |
| Provision for loan losses | 100,000 | 175,000 | 250,000 | 325,000 |
| Pretax income | 579,000 | 1,190,000 | 1,985,000 | 2,922,000 |
| Income tax | 149,000 | 304,000 | 527,000 | 810,000 |
| Net income | 430,000 | 886,000 | 1,458,000 | 2,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,309,000 | 16,559,000 | 16,950,000 | 16,570,000 |
| Total capital | 17,764,000 | 18,059,000 | 18,523,000 | 18,063,000 |
| Risk-weighted assets | 149,469,000 | 148,354,000 | 153,311,000 | 155,374,000 |