Call reports 2011
VIRGINIA NATIONAL BANK — 2011
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 461,047,000 | 451,520,000 | 464,673,000 | 464,066,000 |
| Total loans | 289,360,000 | 291,906,000 | 286,033,000 | 292,532,000 |
| Allowance for loan losses | 3,737,000 | 3,685,000 | 3,644,000 | 3,741,000 |
| Securities available for sale | 80,399,000 | 89,472,000 | 89,747,000 | 84,150,000 |
| Securities held to maturity | 7,513,000 | 7,505,000 | 5,993,000 | 5,988,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,076,000 | 400,528,000 | 411,333,000 | 411,868,000 |
| Interest-bearing deposits | 308,133,000 | 295,627,000 | 284,969,000 | 290,879,000 |
| Noninterest-bearing deposits | 103,943,000 | 104,901,000 | 126,364,000 | 120,989,000 |
| Equity capital | 45,946,000 | 47,055,000 | 48,141,000 | 48,921,000 |
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 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,423,000 | 8,889,000 | 13,470,000 | 17,848,000 |
| Interest expense | 464,000 | 920,000 | 1,368,000 | 1,773,000 |
| Net interest income | 3,959,000 | 7,969,000 | 12,102,000 | 16,075,000 |
| Noninterest income | 1,062,000 | 2,130,000 | 3,291,000 | 5,106,000 |
| Noninterest expense | 4,596,000 | 9,237,000 | 13,448,000 | 17,373,000 |
| Provision for loan losses | 0 | 21,000 | 21,000 | 535,000 |
| Pretax income | 425,000 | 841,000 | 1,924,000 | 3,273,000 |
| Income tax | 136,000 | 267,000 | 616,000 | 932,000 |
| Net income | 289,000 | 574,000 | 1,308,000 | 2,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,973,000 | 45,334,000 | 46,130,000 | 47,201,000 |
| Total capital | 48,710,000 | 49,019,000 | 49,774,000 | 50,942,000 |
| Risk-weighted assets | 335,808,000 | 342,153,000 | 340,076,000 | 355,046,000 |