Call reports 2011
VIRGINIA COMMERCE BANK — 2011
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 2,781,430,000 | 2,795,574,000 | 2,940,124,000 | 2,936,322,000 |
| Total loans | 2,183,424,000 | 2,155,833,000 | 2,163,911,000 | 2,187,504,000 |
| Allowance for loan losses | 56,465,000 | 53,217,000 | 49,405,000 | 48,729,000 |
| Securities available for sale | 381,896,000 | 476,961,000 | 569,470,000 | 593,064,000 |
| Securities held to maturity | 35,176,000 | 34,091,000 | 33,095,000 | 31,892,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,265,084,000 | 2,260,506,000 | 2,376,582,000 | 2,300,278,000 |
| Interest-bearing deposits | 1,966,585,000 | 1,960,649,000 | 1,979,406,000 | 1,954,221,000 |
| Noninterest-bearing deposits | 298,498,000 | 299,857,000 | 397,176,000 | 346,057,000 |
| Equity capital | 308,530,000 | 323,178,000 | 332,926,000 | 340,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 35,517,000 | 71,155,000 | 106,558,000 | 141,844,000 |
| Interest expense | 8,223,000 | 16,121,000 | 23,843,000 | 31,069,000 |
| Net interest income | 27,294,000 | 55,034,000 | 82,715,000 | 110,775,000 |
| Noninterest income | 1,704,000 | 3,961,000 | 5,901,000 | 8,374,000 |
| Noninterest expense | 14,111,000 | 28,290,000 | 42,868,000 | 58,191,000 |
| Provision for loan losses | 5,843,000 | 7,277,000 | 11,210,000 | 14,849,000 |
| Pretax income | 8,815,000 | 23,199,000 | 34,309,000 | 45,880,000 |
| Income tax | 2,797,000 | 7,433,000 | 11,083,000 | 14,886,000 |
| Net income | 6,018,000 | 15,766,000 | 23,226,000 | 30,994,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 309,295,000 | 319,043,000 | 326,504,000 | 334,273,000 |
| Total capital | 337,794,000 | 347,540,000 | 355,316,000 | 363,911,000 |
| Risk-weighted assets | 2,251,919,000 | 2,255,063,000 | 2,284,327,000 | 2,351,909,000 |