Call reports 2013
VIRGINIA NATIONAL BANK — 2013
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 491,019,000 | 486,740,000 | 483,941,000 | 512,949,000 |
| Total loans | 292,241,000 | 293,855,000 | 297,544,000 | 300,034,000 |
| Allowance for loan losses | 3,477,000 | 3,547,000 | 3,454,000 | 3,360,000 |
| Securities available for sale | 123,694,000 | 119,152,000 | 125,275,000 | 133,027,000 |
| Securities held to maturity | 5,983,000 | 2,699,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 433,056,000 | 423,927,000 | 417,558,000 | 438,895,000 |
| Interest-bearing deposits | 302,344,000 | 305,976,000 | 288,962,000 | 289,548,000 |
| Noninterest-bearing deposits | 130,712,000 | 117,951,000 | 128,596,000 | 149,347,000 |
| Equity capital | 54,124,000 | 52,981,000 | 53,723,000 | 49,643,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,867,000 | 7,705,000 | 11,576,000 | 15,446,000 |
| Interest expense | 267,000 | 520,000 | 759,000 | 997,000 |
| Net interest income | 3,600,000 | 7,185,000 | 10,817,000 | 14,449,000 |
| Noninterest income | 1,132,000 | 2,596,000 | 4,037,000 | 17,627,000 |
| Noninterest expense | 3,803,000 | 7,698,000 | 11,515,000 | 21,670,000 |
| Provision for loan losses | 220,000 | 265,000 | 265,000 | 160,000 |
| Pretax income | 709,000 | 1,834,000 | 3,124,000 | 10,296,000 |
| Income tax | 171,000 | 480,000 | 845,000 | 3,212,000 |
| Net income | 538,000 | 1,354,000 | 2,279,000 | 7,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,353,000 | 54,065,000 | 54,881,000 | 51,074,000 |
| Total capital | 56,830,000 | 57,612,000 | 58,335,000 | 54,434,000 |
| Risk-weighted assets | 348,802,000 | 353,592,000 | 357,319,000 | 348,573,000 |