Call reports 2007
VIRGINIA NATIONAL BANK — 2007
What VIRGINIA NATIONAL 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 | 299,068,000 | 297,579,000 | 319,176,000 | 348,598,000 |
| Total loans | 221,903,000 | 235,154,000 | 225,339,000 | 227,337,000 |
| Allowance for loan losses | 2,335,000 | 2,570,000 | 2,600,000 | 2,646,000 |
| Securities available for sale | 10,506,000 | 9,019,000 | 12,081,000 | 24,563,000 |
| Securities held to maturity | 14,548,000 | 12,533,000 | 11,520,000 | 10,507,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,451,000 | 246,751,000 | 268,779,000 | 300,520,000 |
| Interest-bearing deposits | 163,494,000 | 165,030,000 | 190,766,000 | 212,375,000 |
| Noninterest-bearing deposits | 88,957,000 | 81,721,000 | 78,013,000 | 88,145,000 |
| Equity capital | 32,359,000 | 32,988,000 | 35,410,000 | 36,103,000 |
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 | 4,655,000 | 9,469,000 | 14,422,000 | 19,329,000 |
| Interest expense | 1,138,000 | 2,350,000 | 3,795,000 | 5,279,000 |
| Net interest income | 3,517,000 | 7,119,000 | 10,627,000 | 14,050,000 |
| Noninterest income | 426,000 | 1,084,000 | 1,548,000 | 2,057,000 |
| Noninterest expense | 3,147,000 | 6,508,000 | 9,817,000 | 13,064,000 |
| Provision for loan losses | 20,000 | 255,000 | 255,000 | 562,000 |
| Pretax income | 776,000 | 1,440,000 | 2,103,000 | 2,481,000 |
| Income tax | 299,000 | 567,000 | 833,000 | 1,006,000 |
| Net income | 477,000 | 873,000 | 1,270,000 | 1,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,456,000 | 33,074,000 | 35,420,000 | 36,101,000 |
| Total capital | 34,791,000 | 35,644,000 | 38,020,000 | 38,747,000 |
| Risk-weighted assets | 245,810,000 | 256,716,000 | 254,169,000 | 267,952,000 |