Call reports 2011
VIRGINIA BUSINESS BANK — 2011
What VIRGINIA BUSINESS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Total assets | 95,831,000 | 83,493,000 |
| Total loans | 77,051,000 | 69,129,000 |
| Allowance for loan losses | 5,473,000 | 3,385,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 84,984,000 | 72,955,000 |
| Interest-bearing deposits | 81,880,000 | 71,840,000 |
| Noninterest-bearing deposits | 3,104,000 | 1,115,000 |
| Equity capital | 796,000 | 499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Interest income | 1,202,000 | 2,395,000 |
| Interest expense | 430,000 | 828,000 |
| Net interest income | 772,000 | 1,567,000 |
| Noninterest income | -43,000 | -23,000 |
| Noninterest expense | 1,205,000 | 2,322,000 |
| Provision for loan losses | 2,064,000 | 2,064,000 |
| Pretax income | -2,540,000 | -2,842,000 |
| Income tax | 0 | 0 |
| Net income | -2,540,000 | -2,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Tier 1 capital | 796,000 | 499,000 |
| Total capital | 1,592,000 | 998,000 |
| Risk-weighted assets | 70,214,000 | 65,292,000 |