Call reports 2007
VIRGINIA COMMONWEALTH BANK — 2007
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 309,284,000 | 320,262,000 | 327,233,000 | 325,525,000 |
| Total loans | 251,181,000 | 252,131,000 | 256,827,000 | 260,512,000 |
| Allowance for loan losses | 2,308,000 | 2,362,000 | 2,317,000 | 2,347,000 |
| Securities available for sale | 36,308,000 | 34,522,000 | 41,504,000 | 41,395,000 |
| Securities held to maturity | 461,000 | 464,000 | 468,000 | 471,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,987,000 | 257,079,000 | 264,552,000 | 260,185,000 |
| Interest-bearing deposits | 209,257,000 | 214,407,000 | 221,883,000 | 221,687,000 |
| Noninterest-bearing deposits | 41,730,000 | 42,672,000 | 42,670,000 | 38,498,000 |
| Equity capital | 24,816,000 | 24,810,000 | 25,245,000 | 25,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,843,000 | 9,884,000 | 15,104,000 | 20,240,000 |
| Interest expense | 2,069,000 | 4,252,000 | 6,642,000 | 9,014,000 |
| Net interest income | 2,774,000 | 5,632,000 | 8,462,000 | 11,226,000 |
| Noninterest income | 537,000 | 1,129,000 | 1,759,000 | 2,332,000 |
| Noninterest expense | 2,608,000 | 5,176,000 | 7,738,000 | 10,263,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 298,000 |
| Pretax income | 628,000 | 1,435,000 | 2,258,000 | 2,997,000 |
| Income tax | 148,000 | 352,000 | 579,000 | 782,000 |
| Net income | 480,000 | 1,083,000 | 1,679,000 | 2,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,901,000 | 23,103,000 | 23,300,000 | 23,435,000 |
| Total capital | 25,209,000 | 25,465,000 | 25,617,000 | 25,782,000 |
| Risk-weighted assets | 235,405,000 | 237,963,000 | 244,276,000 | 248,423,000 |