Call reports 2022
VIRGINIA NATIONAL BANK — 2022
What VIRGINIA NATIONAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,933,982,000 | 1,743,921,000 | 1,732,995,000 | 1,621,725,000 |
| Total loans | 1,006,962,000 | 960,192,000 | 942,347,000 | 936,415,000 |
| Allowance for loan losses | 5,834,000 | 5,503,000 | 5,485,000 | 5,552,000 |
| Securities available for sale | 341,361,000 | 461,831,000 | 538,459,000 | 538,186,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,776,065,000 | 1,600,694,000 | 1,598,360,000 | 1,479,933,000 |
| Interest-bearing deposits | 1,251,159,000 | 1,086,008,000 | 1,057,513,000 | 982,689,000 |
| Noninterest-bearing deposits | 524,906,000 | 514,686,000 | 540,847,000 | 497,244,000 |
| Equity capital | 147,150,000 | 134,897,000 | 126,485,000 | 133,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 12,344,000 | 25,508,000 | 40,451,000 | 56,721,000 |
| Interest expense | 871,000 | 1,526,000 | 2,145,000 | 2,985,000 |
| Net interest income | 11,473,000 | 23,982,000 | 38,306,000 | 53,736,000 |
| Noninterest income | 4,581,000 | 8,007,000 | 10,141,000 | 12,402,000 |
| Noninterest expense | 9,596,000 | 18,525,000 | 27,396,000 | 36,009,000 |
| Provision for loan losses | 148,000 | -69,000 | -30,000 | 106,000 |
| Pretax income | 6,310,000 | 13,533,000 | 21,081,000 | 30,023,000 |
| Income tax | 1,111,000 | 2,373,000 | 3,738,000 | 5,393,000 |
| Net income | 5,199,000 | 11,160,000 | 17,343,000 | 24,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 152,735,000 | 157,139,000 | 162,003,000 | 168,539,000 |
| Total capital | 158,599,000 | 162,672,000 | 167,548,000 | 174,151,000 |
| Risk-weighted assets | 1,026,310,000 | 1,001,590,000 | 1,001,215,000 | 1,001,843,000 |