Call reports 2018
VIRGINIA NATIONAL BANK — 2018
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 625,059,000 | 654,448,000 | 626,562,000 | 644,554,000 |
| Total loans | 524,729,000 | 535,005,000 | 527,327,000 | 537,190,000 |
| Allowance for loan losses | 3,955,000 | 4,698,000 | 4,678,000 | 4,891,000 |
| Securities available for sale | 64,930,000 | 63,581,000 | 62,100,000 | 61,392,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 526,235,000 | 538,384,000 | 539,899,000 | 573,680,000 |
| Interest-bearing deposits | 362,121,000 | 364,001,000 | 367,879,000 | 386,715,000 |
| Noninterest-bearing deposits | 164,114,000 | 174,383,000 | 172,020,000 | 186,965,000 |
| Equity capital | 65,613,000 | 66,949,000 | 68,512,000 | 70,143,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,140,000 | 12,504,000 | 19,144,000 | 25,686,000 |
| Interest expense | 444,000 | 1,115,000 | 1,964,000 | 2,790,000 |
| Net interest income | 5,696,000 | 11,389,000 | 17,180,000 | 22,896,000 |
| Noninterest income | 1,714,000 | 3,021,000 | 4,290,000 | 5,530,000 |
| Noninterest expense | 3,900,000 | 7,791,000 | 11,725,000 | 15,584,000 |
| Provision for loan losses | -96,000 | 606,000 | 890,000 | 1,873,000 |
| Pretax income | 3,606,000 | 6,013,000 | 8,855,000 | 10,969,000 |
| Income tax | 717,000 | 1,183,000 | 1,740,000 | 2,149,000 |
| Net income | 2,889,000 | 4,830,000 | 7,115,000 | 8,820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,314,000 | 67,780,000 | 69,590,000 | 70,570,000 |
| Total capital | 70,299,000 | 72,508,000 | 74,298,000 | 75,491,000 |
| Risk-weighted assets | 527,715,000 | 532,598,000 | 524,941,000 | 523,928,000 |