Call reports 2002
VIRGINIA COMMERCE BANK — 2002
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 547,346,000 | 577,794,000 | 628,208,000 | 662,347,000 |
| Total loans | 434,487,000 | 478,219,000 | 509,775,000 | 541,772,000 |
| Allowance for loan losses | 4,794,000 | 5,111,000 | 5,688,000 | 5,924,000 |
| Securities available for sale | 44,187,000 | 48,161,000 | 56,507,000 | 53,890,000 |
| Securities held to maturity | 13,784,000 | 13,644,000 | 13,080,000 | 15,550,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 464,762,000 | 505,756,000 | 547,079,000 | 575,086,000 |
| Interest-bearing deposits | 382,467,000 | 413,008,000 | 446,263,000 | 468,421,000 |
| Noninterest-bearing deposits | 82,295,000 | 92,748,000 | 100,816,000 | 106,665,000 |
| Equity capital | 27,170,000 | 25,735,000 | 32,958,000 | 37,262,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 8,748,000 | 18,382,000 | 28,607,000 | 38,998,000 |
| Interest expense | 3,377,000 | 6,943,000 | 10,638,000 | 14,226,000 |
| Net interest income | 5,371,000 | 11,439,000 | 17,969,000 | 24,772,000 |
| Noninterest income | 1,267,000 | 2,462,000 | 3,830,000 | 5,594,000 |
| Noninterest expense | 4,055,000 | 8,146,000 | 12,366,000 | 17,124,000 |
| Provision for loan losses | 521,000 | 843,000 | 1,414,000 | 1,678,000 |
| Pretax income | 2,061,000 | 4,911,000 | 8,018,000 | 11,563,000 |
| Income tax | 692,000 | 1,652,000 | 2,698,000 | 3,890,000 |
| Net income | 1,369,000 | 3,259,000 | 5,320,000 | 7,673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,273,000 | 25,149,000 | 32,213,000 | 36,568,000 |
| Total capital | 44,067,000 | 42,260,000 | 51,901,000 | 56,492,000 |
| Risk-weighted assets | 438,627,000 | 479,523,000 | 513,715,000 | 546,617,000 |