Call reports 2017
VIRGINIA COMMONWEALTH BANK — 2017
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 501,225,000 | 863,022,000 | 955,134,000 | 965,168,000 |
| Total loans | 405,261,000 | 705,564,000 | 744,794,000 | 768,147,000 |
| Allowance for loan losses | 3,993,000 | 4,241,000 | 4,920,000 | 7,770,000 |
| Securities available for sale | 49,638,000 | 54,204,000 | 71,550,000 | 76,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 384,344,000 | 689,352,000 | 768,939,000 | 784,543,000 |
| Interest-bearing deposits | 305,133,000 | 591,674,000 | 635,883,000 | 658,809,000 |
| Noninterest-bearing deposits | 79,211,000 | 97,678,000 | 133,056,000 | 125,733,000 |
| Equity capital | 44,142,000 | 87,646,000 | 88,598,000 | 94,994,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,794,000 | 13,686,000 | 23,180,000 | 34,155,000 |
| Interest expense | 797,000 | 2,127,000 | 3,702,000 | 5,519,000 |
| Net interest income | 3,997,000 | 11,559,000 | 19,478,000 | 28,636,000 |
| Noninterest income | 558,000 | 1,277,000 | 2,004,000 | 2,321,000 |
| Noninterest expense | 4,290,000 | 10,772,000 | 17,152,000 | 25,013,000 |
| Provision for loan losses | 190,000 | 758,000 | 1,833,000 | 4,934,000 |
| Pretax income | 70,000 | 1,308,000 | 2,499,000 | 1,012,000 |
| Income tax | -46,000 | 325,000 | 651,000 | 1,174,000 |
| Net income | 116,000 | 983,000 | 1,848,000 | -162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,481,000 | 79,938,000 | 78,829,000 | 85,770,000 |
| Total capital | 47,474,000 | 84,179,000 | 83,749,000 | 93,540,000 |
| Risk-weighted assets | 362,710,000 | 610,344,000 | 709,507,000 | 736,440,000 |