Call reports 2013
VIRGINIA COMMONWEALTH BANK — 2013
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 327,963,000 | 334,061,000 | 334,092,000 | 329,233,000 |
| Total loans | 234,876,000 | 234,851,000 | 249,026,000 | 251,032,000 |
| Allowance for loan losses | 3,034,000 | 2,983,000 | 2,979,000 | 2,925,000 |
| Securities available for sale | 36,321,000 | 38,061,000 | 37,957,000 | 36,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,981,000 | 275,756,000 | 277,179,000 | 272,679,000 |
| Interest-bearing deposits | 217,837,000 | 216,374,000 | 214,869,000 | 210,530,000 |
| Noninterest-bearing deposits | 55,144,000 | 59,382,000 | 62,310,000 | 62,149,000 |
| Equity capital | 30,537,000 | 30,382,000 | 30,786,000 | 31,236,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,393,000 | 6,778,000 | 10,242,000 | 13,650,000 |
| Interest expense | 773,000 | 1,486,000 | 2,175,000 | 2,835,000 |
| Net interest income | 2,620,000 | 5,292,000 | 8,067,000 | 10,815,000 |
| Noninterest income | 807,000 | 1,518,000 | 2,913,000 | 3,824,000 |
| Noninterest expense | 2,951,000 | 5,980,000 | 9,177,000 | 12,252,000 |
| Provision for loan losses | 83,000 | 262,000 | 566,000 | 776,000 |
| Pretax income | 396,000 | 719,000 | 1,401,000 | 1,607,000 |
| Income tax | 91,000 | 151,000 | 338,000 | 363,000 |
| Net income | 305,000 | 568,000 | 1,063,000 | 1,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,027,000 | 29,799,000 | 30,304,000 | 30,494,000 |
| Total capital | 31,757,000 | 32,617,000 | 33,278,000 | 33,419,000 |
| Risk-weighted assets | 218,128,000 | 225,294,000 | 237,885,000 | 238,613,000 |