Call reports 2018
VIRGINIA COMMONWEALTH BANK — 2018
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 992,925,000 | 980,449,000 | 1,024,593,000 | 1,076,167,000 |
| Total loans | 791,302,000 | 802,225,000 | 854,280,000 | 902,461,000 |
| Allowance for loan losses | 7,923,000 | 7,113,000 | 7,287,000 | 7,902,000 |
| Securities available for sale | 75,154,000 | 74,043,000 | 80,939,000 | 81,948,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 822,899,000 | 795,741,000 | 830,152,000 | 858,242,000 |
| Interest-bearing deposits | 672,379,000 | 666,123,000 | 700,527,000 | 728,070,000 |
| Noninterest-bearing deposits | 150,520,000 | 129,618,000 | 129,626,000 | 130,172,000 |
| Equity capital | 95,603,000 | 101,185,000 | 102,283,000 | 108,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 10,789,000 | 21,518,000 | 32,651,000 | 44,633,000 |
| Interest expense | 1,920,000 | 4,106,000 | 6,577,000 | 9,712,000 |
| Net interest income | 8,869,000 | 17,412,000 | 26,074,000 | 34,921,000 |
| Noninterest income | 981,000 | 1,710,000 | 2,588,000 | 3,322,000 |
| Noninterest expense | 7,647,000 | 15,695,000 | 22,921,000 | 30,506,000 |
| Provision for loan losses | 320,000 | -28,000 | 481,000 | 1,351,000 |
| Pretax income | 1,883,000 | 3,455,000 | 5,260,000 | 6,386,000 |
| Income tax | 343,000 | 620,000 | 954,000 | 803,000 |
| Net income | 1,540,000 | 2,835,000 | 4,306,000 | 5,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,009,000 | 90,987,000 | 92,653,000 | 98,078,000 |
| Total capital | 92,932,000 | 98,180,000 | 100,060,000 | 106,077,000 |
| Risk-weighted assets | 771,742,000 | 796,116,000 | 853,425,000 | 908,262,000 |