Call reports 2004
VIRGINIA COMMONWEALTH BANK — 2004
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 293,201,000 | 301,028,000 | 301,609,000 | 302,299,000 |
| Total loans | 203,003,000 | 206,131,000 | 208,623,000 | 215,383,000 |
| Allowance for loan losses | 1,909,000 | 1,954,000 | 2,013,000 | 2,033,000 |
| Securities available for sale | 53,352,000 | 59,184,000 | 54,251,000 | 50,682,000 |
| Securities held to maturity | 420,000 | 423,000 | 426,000 | 430,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,372,000 | 263,138,000 | 262,542,000 | 262,415,000 |
| Interest-bearing deposits | 226,721,000 | 223,880,000 | 220,272,000 | 223,070,000 |
| Noninterest-bearing deposits | 35,651,000 | 39,258,000 | 42,270,000 | 39,345,000 |
| Equity capital | 23,310,000 | 22,617,000 | 23,740,000 | 24,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,583,000 | 7,210,000 | 10,924,000 | 14,772,000 |
| Interest expense | 1,064,000 | 2,117,000 | 3,186,000 | 4,310,000 |
| Net interest income | 2,519,000 | 5,093,000 | 7,738,000 | 10,462,000 |
| Noninterest income | 369,000 | 855,000 | 1,358,000 | 1,876,000 |
| Noninterest expense | 2,275,000 | 4,476,000 | 6,669,000 | 8,846,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 693,000 | 1,477,000 | 2,372,000 | 3,438,000 |
| Income tax | 180,000 | 375,000 | 577,000 | 890,000 |
| Net income | 513,000 | 1,102,000 | 1,795,000 | 2,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,124,000 | 19,562,000 | 20,105,000 | 20,708,000 |
| Total capital | 21,033,000 | 21,516,000 | 22,118,000 | 22,741,000 |
| Risk-weighted assets | 200,419,000 | 206,477,000 | 209,446,000 | 216,054,000 |