Call reports 2019
VIRGINIA COMMONWEALTH BANK — 2019
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,098,906,000 | 1,089,450,000 | 1,107,558,000 | 1,127,526,000 |
| Total loans | 918,620,000 | 917,985,000 | 932,031,000 | 925,421,000 |
| Allowance for loan losses | 7,858,000 | 7,479,000 | 7,495,000 | 7,562,000 |
| Securities available for sale | 81,733,000 | 80,866,000 | 80,495,000 | 99,202,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 863,097,000 | 882,351,000 | 900,607,000 | 940,720,000 |
| Interest-bearing deposits | 744,338,000 | 759,394,000 | 769,018,000 | 772,507,000 |
| Noninterest-bearing deposits | 118,759,000 | 122,957,000 | 131,589,000 | 168,212,000 |
| Equity capital | 119,190,000 | 121,961,000 | 124,463,000 | 126,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 12,550,000 | 25,100,000 | 38,089,000 | 51,299,000 |
| Interest expense | 3,515,000 | 7,222,000 | 10,813,000 | 14,173,000 |
| Net interest income | 9,035,000 | 17,878,000 | 27,276,000 | 37,126,000 |
| Noninterest income | 684,000 | 1,502,000 | 2,054,000 | 2,987,000 |
| Noninterest expense | 7,030,000 | 13,970,000 | 20,590,000 | 27,711,000 |
| Provision for loan losses | 314,000 | 376,000 | 871,000 | 1,182,000 |
| Pretax income | 2,375,000 | 5,032,000 | 7,867,000 | 11,218,000 |
| Income tax | 445,000 | 957,000 | 1,524,000 | 2,176,000 |
| Net income | 1,930,000 | 4,075,000 | 6,343,000 | 9,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,196,000 | 110,478,000 | 112,876,000 | 115,698,000 |
| Total capital | 116,145,000 | 118,043,000 | 120,453,000 | 123,345,000 |
| Risk-weighted assets | 921,900,000 | 920,882,000 | 937,047,000 | 943,505,000 |