Call reports 2004
VIRGINIA COMMERCE BANK — 2004
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 956,025,000 | 1,049,880,000 | 1,106,178,000 | 1,138,462,000 |
| Total loans | 743,140,000 | 799,443,000 | 874,352,000 | 945,846,000 |
| Allowance for loan losses | 7,948,000 | 8,768,000 | 9,468,000 | 10,402,000 |
| Securities available for sale | 89,211,000 | 124,063,000 | 125,779,000 | 117,381,000 |
| Securities held to maturity | 45,608,000 | 44,464,000 | 43,814,000 | 42,593,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 846,010,000 | 902,316,000 | 952,464,000 | 971,654,000 |
| Interest-bearing deposits | 714,172,000 | 743,330,000 | 796,124,000 | 822,905,000 |
| Noninterest-bearing deposits | 131,838,000 | 158,986,000 | 156,340,000 | 148,749,000 |
| Equity capital | 57,927,000 | 81,584,000 | 86,807,000 | 90,312,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 12,533,000 | 26,104,000 | 41,259,000 | 57,998,000 |
| Interest expense | 3,548,000 | 7,412,000 | 11,662,000 | 16,327,000 |
| Net interest income | 8,985,000 | 18,692,000 | 29,597,000 | 41,671,000 |
| Noninterest income | 1,209,000 | 2,810,000 | 4,326,000 | 5,759,000 |
| Noninterest expense | 4,965,000 | 10,145,000 | 15,932,000 | 22,388,000 |
| Provision for loan losses | 487,000 | 1,306,000 | 2,005,000 | 2,989,000 |
| Pretax income | 4,742,000 | 10,051,000 | 15,986,000 | 22,053,000 |
| Income tax | 1,612,000 | 3,427,000 | 5,465,000 | 7,549,000 |
| Net income | 3,130,000 | 6,624,000 | 10,521,000 | 14,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,456,000 | 82,951,000 | 86,848,000 | 90,831,000 |
| Total capital | 83,404,000 | 109,719,000 | 114,316,000 | 119,233,000 |
| Risk-weighted assets | 798,969,000 | 875,147,000 | 944,798,000 | 1,008,336,000 |