Call reports 2017
VIRGINIA NATIONAL BANK — 2017
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 638,360,000 | 614,207,000 | 609,983,000 | 643,491,000 |
| Total loans | 487,494,000 | 492,802,000 | 501,024,000 | 528,784,000 |
| Allowance for loan losses | 3,633,000 | 3,701,000 | 3,824,000 | 4,043,000 |
| Securities available for sale | 67,771,000 | 85,355,000 | 71,049,000 | 67,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 564,044,000 | 532,233,000 | 509,165,000 | 544,198,000 |
| Interest-bearing deposits | 380,549,000 | 358,534,000 | 340,727,000 | 349,881,000 |
| Noninterest-bearing deposits | 183,495,000 | 173,699,000 | 168,438,000 | 194,317,000 |
| Equity capital | 59,589,000 | 61,538,000 | 63,194,000 | 63,967,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,330,000 | 10,971,000 | 16,779,000 | 22,611,000 |
| Interest expense | 276,000 | 590,000 | 915,000 | 1,234,000 |
| Net interest income | 5,054,000 | 10,381,000 | 15,864,000 | 21,377,000 |
| Noninterest income | 1,245,000 | 2,572,000 | 3,809,000 | 5,956,000 |
| Noninterest expense | 3,732,000 | 7,353,000 | 11,171,000 | 15,494,000 |
| Provision for loan losses | -70,000 | 45,000 | 213,000 | 418,000 |
| Pretax income | 2,641,000 | 5,559,000 | 8,214,000 | 11,346,000 |
| Income tax | 843,000 | 1,780,000 | 2,624,000 | 4,541,000 |
| Net income | 1,798,000 | 3,779,000 | 5,590,000 | 6,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,202,000 | 60,804,000 | 62,635,000 | 64,015,000 |
| Total capital | 62,835,000 | 64,505,000 | 66,459,000 | 68,058,000 |
| Risk-weighted assets | 494,834,000 | 505,280,000 | 503,816,000 | 532,383,000 |