Call reports 2014
VIRGINIA NATIONAL BANK — 2014
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 533,865,000 | 506,777,000 | 507,834,000 | 536,449,000 |
| Total loans | 292,058,000 | 292,272,000 | 289,621,000 | 313,254,000 |
| Allowance for loan losses | 3,373,000 | 3,157,000 | 3,094,000 | 3,164,000 |
| Securities available for sale | 137,177,000 | 134,415,000 | 142,627,000 | 141,816,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,544,000 | 443,679,000 | 440,988,000 | 464,432,000 |
| Interest-bearing deposits | 294,077,000 | 294,068,000 | 292,493,000 | 304,612,000 |
| Noninterest-bearing deposits | 174,467,000 | 149,611,000 | 148,495,000 | 159,820,000 |
| Equity capital | 50,551,000 | 51,375,000 | 51,734,000 | 52,549,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,875,000 | 7,675,000 | 11,487,000 | 15,382,000 |
| Interest expense | 226,000 | 455,000 | 690,000 | 928,000 |
| Net interest income | 3,649,000 | 7,220,000 | 10,797,000 | 14,454,000 |
| Noninterest income | 1,046,000 | 2,137,000 | 3,290,000 | 5,288,000 |
| Noninterest expense | 4,122,000 | 8,298,000 | 12,326,000 | 16,657,000 |
| Provision for loan losses | 0 | -118,000 | -118,000 | 306,000 |
| Pretax income | 586,000 | 1,193,000 | 1,895,000 | 2,803,000 |
| Income tax | 127,000 | 261,000 | 432,000 | 658,000 |
| Net income | 459,000 | 932,000 | 1,463,000 | 2,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,417,000 | 51,698,000 | 52,005,000 | 52,505,000 |
| Total capital | 54,790,000 | 54,855,000 | 55,099,000 | 55,669,000 |
| Risk-weighted assets | 338,277,000 | 337,293,000 | 338,982,000 | 356,121,000 |