Call reports 2003
VIRGINIA COMMONWEALTH BANK — 2003
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 271,190,000 | 278,715,000 | 281,769,000 | 289,198,000 |
| Total loans | 169,360,000 | 172,882,000 | 178,442,000 | 190,352,000 |
| Allowance for loan losses | 1,735,000 | 1,799,000 | 1,852,000 | 1,902,000 |
| Securities available for sale | 45,370,000 | 48,783,000 | 52,106,000 | 64,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 417,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,775,000 | 248,653,000 | 250,631,000 | 258,139,000 |
| Interest-bearing deposits | 211,424,000 | 215,369,000 | 216,220,000 | 222,568,000 |
| Noninterest-bearing deposits | 31,351,000 | 33,284,000 | 34,412,000 | 35,571,000 |
| Equity capital | 22,595,000 | 23,090,000 | 22,620,000 | 22,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,669,000 | 7,273,000 | 10,754,000 | 14,304,000 |
| Interest expense | 1,268,000 | 2,496,000 | 3,641,000 | 4,766,000 |
| Net interest income | 2,402,000 | 4,777,000 | 7,113,000 | 9,538,000 |
| Noninterest income | 454,000 | 1,054,000 | 1,529,000 | 1,945,000 |
| Noninterest expense | 2,052,000 | 4,160,000 | 6,252,000 | 8,350,000 |
| Provision for loan losses | 78,000 | 156,000 | 234,000 | 312,000 |
| Pretax income | 747,000 | 1,540,000 | 2,210,000 | 3,192,000 |
| Income tax | 208,000 | 388,000 | 518,000 | 834,000 |
| Net income | 539,000 | 1,152,000 | 1,692,000 | 2,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,067,000 | 18,354,000 | 18,570,000 | 18,910,000 |
| Total capital | 19,802,000 | 20,153,000 | 20,422,000 | 20,812,000 |
| Risk-weighted assets | 176,510,000 | 178,094,000 | 182,062,000 | 190,798,000 |