Call reports 2009
VIRGINIA COMMERCE BANK — 2009
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 2,770,650,000 | 2,696,252,000 | 2,730,422,000 | 2,721,105,000 |
| Total loans | 2,289,390,000 | 2,269,864,000 | 2,226,651,000 | 2,281,708,000 |
| Allowance for loan losses | 37,494,000 | 38,978,000 | 70,114,000 | 65,152,000 |
| Securities available for sale | 274,058,000 | 246,978,000 | 309,539,000 | 291,521,000 |
| Securities held to maturity | 65,662,000 | 62,111,000 | 59,519,000 | 57,063,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,239,924,000 | 2,191,742,000 | 2,235,092,000 | 2,229,496,000 |
| Interest-bearing deposits | 2,020,805,000 | 1,951,815,000 | 2,006,409,000 | 1,989,723,000 |
| Noninterest-bearing deposits | 219,118,000 | 239,927,000 | 228,683,000 | 239,773,000 |
| Equity capital | 312,801,000 | 305,615,000 | 278,380,000 | 280,752,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 37,554,000 | 74,738,000 | 112,359,000 | 150,583,000 |
| Interest expense | 15,516,000 | 29,416,000 | 42,359,000 | 54,150,000 |
| Net interest income | 22,038,000 | 45,322,000 | 70,000,000 | 96,433,000 |
| Noninterest income | 1,819,000 | 3,768,000 | -3,385,000 | -4,328,000 |
| Noninterest expense | 12,671,000 | 25,885,000 | 38,563,000 | 55,550,000 |
| Provision for loan losses | 13,390,000 | 31,813,000 | 80,813,000 | 81,913,000 |
| Pretax income | -2,204,000 | -8,608,000 | -53,179,000 | -45,358,000 |
| Income tax | -934,000 | -3,302,000 | -19,044,000 | -16,466,000 |
| Net income | -1,270,000 | -5,306,000 | -34,135,000 | -28,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 314,423,000 | 308,186,000 | 277,357,000 | 280,401,000 |
| Total capital | 344,487,000 | 338,558,000 | 307,550,000 | 311,127,000 |
| Risk-weighted assets | 2,405,103,000 | 2,422,871,000 | 2,393,668,000 | 2,423,655,000 |