Call reports 2008
VIRGINIA BUSINESS BANK — 2008
What VIRGINIA BUSINESS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 92,976,000 | 138,334,000 | 151,916,000 | 167,843,000 |
| Total loans | 77,887,000 | 101,468,000 | 121,197,000 | 134,235,000 |
| Allowance for loan losses | 1,100,000 | 1,317,000 | 1,636,000 | 2,071,000 |
| Securities available for sale | 12,878,000 | 18,509,000 | 18,392,000 | 20,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,329,000 | 116,115,000 | 124,438,000 | 136,904,000 |
| Interest-bearing deposits | 69,596,000 | 112,445,000 | 120,274,000 | 130,030,000 |
| Noninterest-bearing deposits | 2,733,000 | 3,670,000 | 4,164,000 | 6,874,000 |
| Equity capital | 12,806,000 | 11,883,000 | 11,749,000 | 11,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,450,000 | 3,200,000 | 5,284,000 | 7,471,000 |
| Interest expense | 820,000 | 1,836,000 | 2,962,000 | 4,249,000 |
| Net interest income | 630,000 | 1,364,000 | 2,322,000 | 3,222,000 |
| Noninterest income | -9,000 | 8,000 | 14,000 | 22,000 |
| Noninterest expense | 1,057,000 | 2,123,000 | 3,171,000 | 3,993,000 |
| Provision for loan losses | 217,000 | 434,000 | 880,000 | 1,661,000 |
| Pretax income | -604,000 | -1,136,000 | -1,666,000 | -2,361,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -604,000 | -1,136,000 | -1,666,000 | -2,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,706,000 | 12,223,000 | 11,741,000 | 11,032,000 |
| Total capital | 13,734,000 | 13,540,000 | 13,285,000 | 12,784,000 |
| Risk-weighted assets | 82,253,000 | 109,310,000 | 127,249,000 | 139,121,000 |