Call reports 2011
VIRGINIA COMMONWEALTH BANK — 2011
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 327,330,000 | 327,673,000 | 320,691,000 | 314,347,000 |
| Total loans | 245,306,000 | 237,517,000 | 237,634,000 | 236,690,000 |
| Allowance for loan losses | 3,214,000 | 3,317,000 | 3,324,000 | 3,189,000 |
| Securities available for sale | 30,314,000 | 31,175,000 | 39,502,000 | 41,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,944,000 | 267,084,000 | 271,617,000 | 265,619,000 |
| Interest-bearing deposits | 218,834,000 | 223,967,000 | 225,754,000 | 221,714,000 |
| Noninterest-bearing deposits | 44,110,000 | 43,117,000 | 45,863,000 | 43,905,000 |
| Equity capital | 26,540,000 | 26,836,000 | 27,237,000 | 26,978,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,778,000 | 7,520,000 | 11,155,000 | 14,762,000 |
| Interest expense | 1,166,000 | 2,257,000 | 3,267,000 | 4,206,000 |
| Net interest income | 2,612,000 | 5,263,000 | 7,888,000 | 10,556,000 |
| Noninterest income | 423,000 | 838,000 | 1,429,000 | 2,069,000 |
| Noninterest expense | 2,849,000 | 5,778,000 | 8,821,000 | 12,173,000 |
| Provision for loan losses | 55,000 | 220,000 | 385,000 | 495,000 |
| Pretax income | 129,000 | 227,000 | 242,000 | 293,000 |
| Income tax | 6,000 | 12,000 | -12,000 | -27,000 |
| Net income | 123,000 | 215,000 | 254,000 | 320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,235,000 | 24,327,000 | 24,366,000 | 24,509,000 |
| Total capital | 27,113,000 | 27,092,000 | 27,156,000 | 27,290,000 |
| Risk-weighted assets | 229,930,000 | 220,648,000 | 222,694,000 | 222,093,000 |