Call reports 2009
VIRGINIA COMMONWEALTH BANK — 2009
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 326,629,000 | 327,704,000 | 325,029,000 | 329,194,000 |
| Total loans | 253,033,000 | 247,640,000 | 248,689,000 | 251,181,000 |
| Allowance for loan losses | 2,439,000 | 2,460,000 | 2,512,000 | 3,769,000 |
| Securities available for sale | 30,109,000 | 34,508,000 | 37,818,000 | 34,021,000 |
| Securities held to maturity | 490,000 | 494,000 | 497,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,945,000 | 263,213,000 | 260,223,000 | 264,638,000 |
| Interest-bearing deposits | 223,404,000 | 220,949,000 | 219,012,000 | 223,961,000 |
| Noninterest-bearing deposits | 40,541,000 | 42,264,000 | 41,211,000 | 40,677,000 |
| Equity capital | 25,222,000 | 25,029,000 | 25,523,000 | 25,843,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,317,000 | 8,602,000 | 12,849,000 | 17,161,000 |
| Interest expense | 1,657,000 | 3,264,000 | 4,776,000 | 6,235,000 |
| Net interest income | 2,660,000 | 5,338,000 | 8,073,000 | 10,926,000 |
| Noninterest income | 541,000 | 1,179,000 | 1,832,000 | 2,474,000 |
| Noninterest expense | 2,749,000 | 5,733,000 | 8,597,000 | 11,699,000 |
| Provision for loan losses | 95,000 | 281,000 | 773,000 | 2,102,000 |
| Pretax income | 359,000 | 510,000 | 548,000 | -100,000 |
| Income tax | 23,000 | -54,000 | -138,000 | -436,000 |
| Net income | 336,000 | 564,000 | 686,000 | 336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,142,000 | 23,920,000 | 23,942,000 | 23,571,000 |
| Total capital | 26,581,000 | 26,380,000 | 26,454,000 | 26,601,000 |
| Risk-weighted assets | 240,573,000 | 241,350,000 | 241,374,000 | 241,375,000 |