Call reports 2007
VIRGINIA COMMERCE BANK — 2007
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,060,078,000 | 2,112,099,000 | 2,226,906,000 | 2,338,430,000 |
| Total loans | 1,716,315,000 | 1,769,553,000 | 1,840,218,000 | 1,951,340,000 |
| Allowance for loan losses | 18,443,000 | 18,737,000 | 19,594,000 | 22,260,000 |
| Securities available for sale | 209,096,000 | 215,279,000 | 275,045,000 | 274,510,000 |
| Securities held to maturity | 44,680,000 | 44,887,000 | 46,665,000 | 45,599,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,715,482,000 | 1,749,991,000 | 1,810,730,000 | 1,873,991,000 |
| Interest-bearing deposits | 1,518,658,000 | 1,539,608,000 | 1,606,852,000 | 1,655,345,000 |
| Noninterest-bearing deposits | 196,824,000 | 210,383,000 | 203,878,000 | 218,646,000 |
| Equity capital | 142,501,000 | 148,239,000 | 157,214,000 | 164,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 36,107,000 | 73,884,000 | 113,364,000 | 154,138,000 |
| Interest expense | 18,232,000 | 37,372,000 | 57,994,000 | 79,045,000 |
| Net interest income | 17,875,000 | 36,512,000 | 55,370,000 | 75,093,000 |
| Noninterest income | 1,862,000 | 3,840,000 | 6,447,000 | 8,268,000 |
| Noninterest expense | 9,236,000 | 18,840,000 | 28,476,000 | 38,609,000 |
| Provision for loan losses | 360,000 | 660,000 | 1,570,000 | 4,340,000 |
| Pretax income | 10,141,000 | 20,852,000 | 31,384,000 | 40,025,000 |
| Income tax | 3,444,000 | 7,064,000 | 10,576,000 | 13,405,000 |
| Net income | 6,697,000 | 13,788,000 | 20,808,000 | 26,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 143,027,000 | 150,118,000 | 157,139,000 | 162,951,000 |
| Total capital | 204,470,000 | 211,855,000 | 219,733,000 | 225,211,000 |
| Risk-weighted assets | 1,824,312,000 | 1,917,332,000 | 1,956,850,000 | 2,096,585,000 |