Call reports 2021
VIRGINIA NATIONAL BANK — 2021
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 918,612,000 | 1,847,448,000 | 1,911,510,000 | 1,970,721,000 |
| Total loans | 621,068,000 | 1,166,161,000 | 1,112,450,000 | 1,061,211,000 |
| Allowance for loan losses | 5,615,000 | 5,522,000 | 5,623,000 | 5,984,000 |
| Securities available for sale | 173,088,000 | 266,973,000 | 277,046,000 | 303,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 805,272,000 | 1,630,210,000 | 1,738,284,000 | 1,797,256,000 |
| Interest-bearing deposits | 555,949,000 | 1,179,964,000 | 1,232,488,000 | 1,273,889,000 |
| Noninterest-bearing deposits | 249,323,000 | 450,246,000 | 505,796,000 | 523,367,000 |
| Equity capital | 79,253,000 | 162,016,000 | 162,463,000 | 163,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,667,000 | 20,799,000 | 34,932,000 | 48,272,000 |
| Interest expense | 693,000 | 1,625,000 | 2,205,000 | 3,136,000 |
| Net interest income | 5,974,000 | 19,174,000 | 32,727,000 | 45,136,000 |
| Noninterest income | 906,000 | 3,928,000 | 6,969,000 | 8,886,000 |
| Noninterest expense | 4,388,000 | 18,838,000 | 30,949,000 | 39,328,000 |
| Provision for loan losses | 351,000 | 210,000 | 477,000 | 1,014,000 |
| Pretax income | 2,141,000 | 4,054,000 | 8,270,000 | 13,680,000 |
| Income tax | 419,000 | 747,000 | 1,564,000 | 2,050,000 |
| Net income | 1,722,000 | 3,307,000 | 6,706,000 | 11,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,485,000 | 144,563,000 | 145,795,000 | 149,078,000 |
| Total capital | 86,130,000 | 150,115,000 | 151,448,000 | 155,092,000 |
| Risk-weighted assets | 561,041,000 | 1,090,327,000 | 1,082,351,000 | 1,053,895,000 |