Call reports 2010
VIRGINIA COMMERCE BANK — 2010
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 2,798,807,000 | 2,824,496,000 | 2,843,431,000 | 2,739,442,000 |
| Total loans | 2,268,568,000 | 2,259,877,000 | 2,254,985,000 | 2,222,082,000 |
| Allowance for loan losses | 62,407,000 | 62,345,000 | 62,776,000 | 62,442,000 |
| Securities available for sale | 279,792,000 | 336,012,000 | 342,061,000 | 374,502,000 |
| Securities held to maturity | 54,368,000 | 43,200,000 | 38,854,000 | 37,259,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,300,458,000 | 2,314,975,000 | 2,333,172,000 | 2,254,717,000 |
| Interest-bearing deposits | 2,068,263,000 | 2,059,611,000 | 2,053,775,000 | 1,982,457,000 |
| Noninterest-bearing deposits | 232,195,000 | 255,364,000 | 279,397,000 | 272,260,000 |
| Equity capital | 285,542,000 | 293,486,000 | 301,353,000 | 301,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 36,727,000 | 73,888,000 | 111,720,000 | 148,826,000 |
| Interest expense | 10,683,000 | 20,392,000 | 29,800,000 | 38,551,000 |
| Net interest income | 26,044,000 | 53,496,000 | 81,920,000 | 110,275,000 |
| Noninterest income | 540,000 | 1,097,000 | 3,489,000 | 5,206,000 |
| Noninterest expense | 13,455,000 | 26,710,000 | 41,009,000 | 55,351,000 |
| Provision for loan losses | 4,238,000 | 8,438,000 | 13,538,000 | 20,594,000 |
| Pretax income | 8,040,000 | 18,065,000 | 29,482,000 | 38,028,000 |
| Income tax | 2,490,000 | 5,761,000 | 9,145,000 | 11,851,000 |
| Net income | 5,550,000 | 12,304,000 | 20,337,000 | 26,177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 283,851,000 | 290,605,000 | 297,438,000 | 303,278,000 |
| Total capital | 313,896,000 | 320,639,000 | 327,054,000 | 332,739,000 |
| Risk-weighted assets | 2,371,226,000 | 2,370,388,000 | 2,336,111,000 | 2,323,872,000 |