Call reports 2002
VIRGINIA COMMONWEALTH BANK — 2002
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 247,318,000 | 247,992,000 | 255,215,000 | 261,422,000 |
| Total loans | 154,279,000 | 160,626,000 | 164,592,000 | 170,139,000 |
| Allowance for loan losses | 1,528,000 | 1,458,000 | 1,538,000 | 1,697,000 |
| Securities available for sale | 47,462,000 | 48,830,000 | 48,319,000 | 48,842,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,548,000 | 222,575,000 | 227,953,000 | 232,839,000 |
| Interest-bearing deposits | 196,144,000 | 191,638,000 | 196,659,000 | 205,784,000 |
| Noninterest-bearing deposits | 27,404,000 | 30,937,000 | 31,294,000 | 27,055,000 |
| Equity capital | 20,128,000 | 21,116,000 | 22,180,000 | 22,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,825,000 | 7,681,000 | 11,404,000 | 15,181,000 |
| Interest expense | 1,420,000 | 2,768,000 | 4,091,000 | 5,391,000 |
| Net interest income | 2,405,000 | 4,913,000 | 7,313,000 | 9,790,000 |
| Noninterest income | 328,000 | 641,000 | 1,042,000 | 1,453,000 |
| Noninterest expense | 1,761,000 | 3,579,000 | 5,484,000 | 7,326,000 |
| Provision for loan losses | 79,000 | 211,000 | 314,000 | 471,000 |
| Pretax income | 895,000 | 1,767,000 | 2,560,000 | 3,449,000 |
| Income tax | 256,000 | 517,000 | 751,000 | 964,000 |
| Net income | 639,000 | 1,250,000 | 1,809,000 | 2,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,964,000 | 17,335,000 | 17,652,000 | 17,827,000 |
| Total capital | 18,492,000 | 18,793,000 | 19,190,000 | 19,524,000 |
| Risk-weighted assets | 158,365,000 | 163,026,000 | 168,389,000 | 174,657,000 |