Call reports 2002
VIRGINIA NATIONAL BANK — 2002
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 146,751,000 | 154,020,000 | 159,883,000 | 170,609,000 |
| Total loans | 86,798,000 | 98,430,000 | 107,640,000 | 112,704,000 |
| Allowance for loan losses | 924,000 | 1,016,000 | 1,103,000 | 1,203,000 |
| Securities available for sale | 20,597,000 | 14,697,000 | 14,267,000 | 13,698,000 |
| Securities held to maturity | 19,968,000 | 18,832,000 | 18,295,000 | 20,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,359,000 | 128,621,000 | 132,659,000 | 143,628,000 |
| Interest-bearing deposits | 89,519,000 | 92,785,000 | 94,605,000 | 103,571,000 |
| Noninterest-bearing deposits | 31,840,000 | 35,836,000 | 38,054,000 | 40,057,000 |
| Equity capital | 18,230,000 | 19,671,000 | 20,106,000 | 20,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,997,000 | 4,156,000 | 6,490,000 | 8,828,000 |
| Interest expense | 381,000 | 765,000 | 1,180,000 | 1,584,000 |
| Net interest income | 1,616,000 | 3,391,000 | 5,310,000 | 7,244,000 |
| Noninterest income | 139,000 | 280,000 | 432,000 | 600,000 |
| Noninterest expense | 1,554,000 | 3,260,000 | 5,004,000 | 6,709,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 370,000 |
| Pretax income | 111,000 | 231,000 | 468,000 | 765,000 |
| Income tax | -34,000 | -54,000 | -41,000 | -5,000 |
| Net income | 145,000 | 285,000 | 509,000 | 770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,126,000 | 19,396,000 | 19,620,000 | 19,878,000 |
| Total capital | 19,050,000 | 20,412,000 | 20,723,000 | 21,081,000 |
| Risk-weighted assets | 117,158,000 | 122,602,000 | 128,714,000 | 137,652,000 |