Call reports 2008
VIRGINIA NATIONAL BANK — 2008
What VIRGINIA NATIONAL 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 | 344,285,000 | 330,351,000 | 350,596,000 | 401,175,000 |
| Total loans | 230,368,000 | 252,614,000 | 263,030,000 | 278,074,000 |
| Allowance for loan losses | 2,720,000 | 2,641,000 | 2,749,000 | 3,084,000 |
| Securities available for sale | 22,320,000 | 18,941,000 | 16,628,000 | 17,343,000 |
| Securities held to maturity | 10,494,000 | 10,481,000 | 7,469,000 | 4,005,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,049,000 | 271,753,000 | 302,655,000 | 357,881,000 |
| Interest-bearing deposits | 214,490,000 | 184,018,000 | 276,637,000 | 271,428,000 |
| Noninterest-bearing deposits | 80,559,000 | 87,735,000 | 26,017,000 | 86,453,000 |
| Equity capital | 37,099,000 | 37,110,000 | 37,534,000 | 38,288,000 |
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 | 4,545,000 | 8,802,000 | 13,200,000 | 17,618,000 |
| Interest expense | 1,226,000 | 2,028,000 | 2,928,000 | 3,887,000 |
| Net interest income | 3,319,000 | 6,774,000 | 10,272,000 | 13,731,000 |
| Noninterest income | 519,000 | 1,133,000 | 1,750,000 | 2,420,000 |
| Noninterest expense | 3,534,000 | 7,233,000 | 11,194,000 | 15,182,000 |
| Provision for loan losses | 75,000 | 175,000 | 305,000 | 655,000 |
| Pretax income | 229,000 | 499,000 | 523,000 | 314,000 |
| Income tax | 116,000 | 227,000 | 248,000 | 202,000 |
| Net income | 113,000 | 272,000 | 275,000 | 112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,585,000 | 37,063,000 | 37,349,000 | 37,619,000 |
| Total capital | 39,305,000 | 39,704,000 | 40,098,000 | 40,703,000 |
| Risk-weighted assets | 274,327,000 | 284,643,000 | 291,999,000 | 308,738,000 |