Call reports 2008
VIRGINIA COMMONWEALTH BANK — 2008
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 328,146,000 | 323,887,000 | 318,082,000 | 316,879,000 |
| Total loans | 255,263,000 | 250,470,000 | 253,331,000 | 252,252,000 |
| Allowance for loan losses | 2,307,000 | 2,353,000 | 2,339,000 | 2,552,000 |
| Securities available for sale | 36,950,000 | 36,194,000 | 34,142,000 | 32,714,000 |
| Securities held to maturity | 475,000 | 479,000 | 482,000 | 486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,471,000 | 258,392,000 | 252,337,000 | 251,257,000 |
| Interest-bearing deposits | 224,836,000 | 215,919,000 | 211,294,000 | 213,943,000 |
| Noninterest-bearing deposits | 38,635,000 | 42,473,000 | 41,043,000 | 37,314,000 |
| Equity capital | 26,205,000 | 26,019,000 | 26,382,000 | 25,144,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,029,000 | 9,762,000 | 14,460,000 | 18,845,000 |
| Interest expense | 2,199,000 | 4,186,000 | 6,033,000 | 7,747,000 |
| Net interest income | 2,830,000 | 5,576,000 | 8,427,000 | 11,098,000 |
| Noninterest income | 564,000 | 1,134,000 | 1,776,000 | 2,395,000 |
| Noninterest expense | 2,569,000 | 5,177,000 | 7,863,000 | 10,632,000 |
| Provision for loan losses | 15,000 | 77,000 | 152,000 | 394,000 |
| Pretax income | 823,000 | 1,490,000 | 2,222,000 | 2,500,000 |
| Income tax | 184,000 | 363,000 | 537,000 | 553,000 |
| Net income | 639,000 | 1,127,000 | 1,685,000 | 1,947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,494,000 | 23,581,000 | 23,742,000 | 24,156,000 |
| Total capital | 25,801,000 | 25,934,000 | 26,081,000 | 26,708,000 |
| Risk-weighted assets | 245,762,000 | 242,944,000 | 241,181,000 | 239,840,000 |