Call reports 2015
VIRGINIA COMMONWEALTH BANK — 2015
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 390,931,000 | 413,645,000 | 422,481,000 | 449,709,000 |
| Total loans | 304,278,000 | 317,590,000 | 333,787,000 | 347,816,000 |
| Allowance for loan losses | 3,247,000 | 3,439,000 | 3,374,000 | 4,223,000 |
| Securities available for sale | 39,646,000 | 44,021,000 | 47,594,000 | 53,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 309,610,000 | 334,478,000 | 339,844,000 | 360,040,000 |
| Interest-bearing deposits | 251,202,000 | 272,528,000 | 277,775,000 | 294,020,000 |
| Noninterest-bearing deposits | 58,408,000 | 61,950,000 | 62,069,000 | 66,020,000 |
| Equity capital | 36,316,000 | 37,837,000 | 39,417,000 | 40,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,900,000 | 7,850,000 | 11,924,000 | 16,227,000 |
| Interest expense | 602,000 | 1,262,000 | 1,997,000 | 2,755,000 |
| Net interest income | 3,298,000 | 6,588,000 | 9,927,000 | 13,472,000 |
| Noninterest income | 656,000 | 1,368,000 | 1,946,000 | 2,500,000 |
| Noninterest expense | 3,413,000 | 6,753,000 | 10,205,000 | 13,906,000 |
| Provision for loan losses | 65,000 | 270,000 | 354,000 | 1,597,000 |
| Pretax income | 472,000 | 935,000 | 1,318,000 | 511,000 |
| Income tax | 91,000 | 169,000 | 230,000 | -168,000 |
| Net income | 381,000 | 766,000 | 1,088,000 | 679,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,168,000 | 37,059,000 | 38,395,000 | 38,986,000 |
| Total capital | 38,415,000 | 40,498,000 | 41,769,000 | 42,942,000 |
| Risk-weighted assets | 276,947,000 | 288,151,000 | 301,379,000 | 316,182,000 |