Call reports 2008
VIRGINIA COMMUNITY BANK — 2008
What VIRGINIA COMMUNITY 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 | 164,081,000 | 167,304,000 | 181,367,000 | 195,473,000 |
| Total loans | 116,908,000 | 124,418,000 | 144,549,000 | 157,848,000 |
| Allowance for loan losses | 1,564,000 | 1,467,000 | 1,750,000 | 2,376,000 |
| Securities available for sale | 27,892,000 | 27,283,000 | 22,212,000 | 22,692,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,148,000 | 136,540,000 | 152,919,000 | 154,060,000 |
| Interest-bearing deposits | 105,506,000 | 103,102,000 | 120,058,000 | 125,093,000 |
| Noninterest-bearing deposits | 32,642,000 | 33,438,000 | 32,861,000 | 28,967,000 |
| Equity capital | 18,817,000 | 18,646,000 | 17,889,000 | 16,764,000 |
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 | 2,668,000 | 5,337,000 | 8,115,000 | 10,956,000 |
| Interest expense | 751,000 | 1,427,000 | 2,151,000 | 3,006,000 |
| Net interest income | 1,917,000 | 3,910,000 | 5,964,000 | 7,950,000 |
| Noninterest income | 344,000 | 691,000 | 1,063,000 | 1,746,000 |
| Noninterest expense | 1,857,000 | 3,735,000 | 5,663,000 | 7,712,000 |
| Provision for loan losses | -330,000 | -305,000 | 59,000 | 766,000 |
| Pretax income | 799,000 | 1,263,000 | 1,410,000 | 1,323,000 |
| Income tax | 239,000 | 369,000 | 399,000 | 250,000 |
| Net income | 560,000 | 894,000 | 1,011,000 | 1,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,752,000 | 19,085,000 | 19,203,000 | 17,515,000 |
| Total capital | 20,316,000 | 20,552,000 | 20,953,000 | 19,696,000 |
| Risk-weighted assets | 139,942,000 | 148,695,000 | 166,993,000 | 174,279,000 |