Call reports 2010
VIRGINIA COMMONWEALTH BANK — 2010
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 328,549,000 | 333,461,000 | 335,709,000 | 325,989,000 |
| Total loans | 252,165,000 | 247,581,000 | 249,378,000 | 247,373,000 |
| Allowance for loan losses | 3,711,000 | 3,194,000 | 3,329,000 | 3,231,000 |
| Securities available for sale | 33,705,000 | 33,132,000 | 34,953,000 | 34,073,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,114,000 | 267,886,000 | 268,892,000 | 260,925,000 |
| Interest-bearing deposits | 225,531,000 | 224,575,000 | 220,960,000 | 215,892,000 |
| Noninterest-bearing deposits | 40,584,000 | 43,311,000 | 47,933,000 | 45,033,000 |
| Equity capital | 26,217,000 | 26,449,000 | 26,738,000 | 26,367,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,017,000 | 8,035,000 | 11,984,000 | 15,814,000 |
| Interest expense | 1,416,000 | 2,817,000 | 4,204,000 | 5,505,000 |
| Net interest income | 2,601,000 | 5,218,000 | 7,780,000 | 10,309,000 |
| Noninterest income | 554,000 | 1,142,000 | 1,548,000 | 2,184,000 |
| Noninterest expense | 2,756,000 | 5,671,000 | 8,625,000 | 11,546,000 |
| Provision for loan losses | 196,000 | 393,000 | 524,000 | 720,000 |
| Pretax income | 204,000 | 435,000 | 367,000 | 415,000 |
| Income tax | 1,000 | 25,000 | -31,000 | -51,000 |
| Net income | 203,000 | 410,000 | 398,000 | 466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,774,000 | 23,982,000 | 23,968,000 | 24,112,000 |
| Total capital | 26,813,000 | 26,947,000 | 26,924,000 | 27,024,000 |
| Risk-weighted assets | 242,453,000 | 236,945,000 | 236,088,000 | 232,624,000 |