Call reports 2003
VIRGINIA COMMERCE BANK — 2003
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 720,373,000 | 799,457,000 | 840,354,000 | 880,693,000 |
| Total loans | 569,508,000 | 604,476,000 | 631,248,000 | 665,821,000 |
| Allowance for loan losses | 6,274,000 | 6,652,000 | 6,969,000 | 7,457,000 |
| Securities available for sale | 76,017,000 | 94,269,000 | 116,378,000 | 100,563,000 |
| Securities held to maturity | 19,375,000 | 13,471,000 | 47,576,000 | 46,513,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 626,523,000 | 698,290,000 | 735,535,000 | 773,860,000 |
| Interest-bearing deposits | 517,217,000 | 578,405,000 | 609,058,000 | 653,726,000 |
| Noninterest-bearing deposits | 109,306,000 | 119,885,000 | 126,477,000 | 120,134,000 |
| Equity capital | 43,580,000 | 47,768,000 | 50,573,000 | 54,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 10,588,000 | 21,881,000 | 33,638,000 | 45,968,000 |
| Interest expense | 3,385,000 | 6,977,000 | 10,492,000 | 13,937,000 |
| Net interest income | 7,203,000 | 14,904,000 | 23,146,000 | 32,031,000 |
| Noninterest income | 1,743,000 | 3,733,000 | 6,188,000 | 7,746,000 |
| Noninterest expense | 4,822,000 | 9,771,000 | 15,144,000 | 20,468,000 |
| Provision for loan losses | 356,000 | 764,000 | 1,087,000 | 1,575,000 |
| Pretax income | 3,768,000 | 8,102,000 | 13,103,000 | 17,734,000 |
| Income tax | 1,285,000 | 2,732,000 | 4,415,000 | 5,988,000 |
| Net income | 2,483,000 | 5,370,000 | 8,688,000 | 11,746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,052,000 | 47,143,000 | 50,463,000 | 54,324,000 |
| Total capital | 67,326,000 | 71,795,000 | 75,432,000 | 79,781,000 |
| Risk-weighted assets | 592,676,000 | 636,589,000 | 672,071,000 | 723,464,000 |