Call reports 2013
VIRGINIA COMMERCE BANK — 2013
What VIRGINIA COMMERCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 2,881,198,000 | 2,834,043,000 | 2,754,130,000 | 2,742,790,000 |
| Total loans | 2,199,727,000 | 2,144,370,000 | 2,060,752,000 | 2,067,867,000 |
| Allowance for loan losses | 41,970,000 | 41,131,000 | 40,909,000 | 38,932,000 |
| Securities available for sale | 495,086,000 | 482,727,000 | 481,177,000 | 461,046,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,199,198,000 | 2,192,718,000 | 2,109,523,000 | 2,084,946,000 |
| Interest-bearing deposits | 1,766,353,000 | 1,713,753,000 | 1,650,328,000 | 1,603,451,000 |
| Noninterest-bearing deposits | 432,845,000 | 478,966,000 | 459,195,000 | 481,495,000 |
| Equity capital | 306,392,000 | 306,794,000 | 314,859,000 | 302,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 31,202,000 | 62,231,000 | 92,571,000 | 121,298,000 |
| Interest expense | 4,453,000 | 8,738,000 | 12,873,000 | 16,814,000 |
| Net interest income | 26,749,000 | 53,493,000 | 79,698,000 | 104,484,000 |
| Noninterest income | 2,557,000 | 4,754,000 | 6,576,000 | 8,201,000 |
| Noninterest expense | 16,562,000 | 30,093,000 | 43,591,000 | 55,963,000 |
| Provision for loan losses | 1,847,000 | 4,373,000 | 6,206,000 | 7,540,000 |
| Pretax income | 10,897,000 | 23,781,000 | 36,477,000 | 49,182,000 |
| Income tax | 3,477,000 | 7,648,000 | 11,764,000 | 15,903,000 |
| Net income | 7,420,000 | 16,133,000 | 24,713,000 | 33,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 304,312,000 | 313,025,000 | 321,605,000 | 311,846,000 |
| Total capital | 333,374,000 | 341,439,000 | 348,700,000 | 338,965,000 |
| Risk-weighted assets | 2,311,994,000 | 2,260,375,000 | 2,154,345,000 | 2,157,720,000 |