Call reports 2007
VIRGINIA BUSINESS BANK — 2007
What VIRGINIA BUSINESS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 43,412,000 | 50,518,000 | 59,423,000 | 80,247,000 |
| Total loans | 31,408,000 | 39,740,000 | 43,716,000 | 65,531,000 |
| Allowance for loan losses | 393,000 | 495,000 | 548,000 | 883,000 |
| Securities available for sale | 5,665,000 | 6,373,000 | 8,242,000 | 8,082,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,930,000 | 31,349,000 | 40,152,000 | 61,378,000 |
| Interest-bearing deposits | 26,504,000 | 28,985,000 | 38,119,000 | 56,475,000 |
| Noninterest-bearing deposits | 1,426,000 | 2,364,000 | 2,033,000 | 4,904,000 |
| Equity capital | 14,413,000 | 14,009,000 | 13,795,000 | 13,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 705,000 | 1,629,000 | 2,753,000 | 4,020,000 |
| Interest expense | 274,000 | 651,000 | 1,118,000 | 1,736,000 |
| Net interest income | 431,000 | 978,000 | 1,635,000 | 2,284,000 |
| Noninterest income | 12,000 | 29,000 | -11,000 | -14,000 |
| Noninterest expense | 824,000 | 1,645,000 | 2,539,000 | 3,430,000 |
| Provision for loan losses | 90,000 | 192,000 | 245,000 | 580,000 |
| Pretax income | -471,000 | -830,000 | -1,160,000 | -1,740,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -471,000 | -830,000 | -1,160,000 | -1,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,361,000 | 14,045,000 | 13,756,000 | 13,226,000 |
| Total capital | 14,754,000 | 14,540,000 | 14,304,000 | 14,093,000 |
| Risk-weighted assets | 33,804,000 | 42,434,000 | 47,438,000 | 69,363,000 |