Call reports 2008
BANK OF THE JAMES — 2008
What BANK OF THE JAMES reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 277,107,000 | 305,991,000 | 319,928,000 | 328,561,000 |
| Total loans | 235,196,000 | 247,393,000 | 261,399,000 | 277,749,000 |
| Allowance for loan losses | 2,244,000 | 2,275,000 | 2,406,000 | 2,859,000 |
| Securities available for sale | 20,255,000 | 32,222,000 | 29,882,000 | 16,137,000 |
| Securities held to maturity | 5,994,000 | 5,994,000 | 5,994,000 | 5,994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,363,000 | 239,488,000 | 249,749,000 | 268,545,000 |
| Interest-bearing deposits | 195,723,000 | 204,067,000 | 212,148,000 | 232,333,000 |
| Noninterest-bearing deposits | 33,640,000 | 35,421,000 | 37,601,000 | 36,212,000 |
| Equity capital | 24,449,000 | 24,292,000 | 22,836,000 | 24,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,550,000 | 9,177,000 | 13,901,000 | 18,593,000 |
| Interest expense | 1,985,000 | 3,983,000 | 6,010,000 | 8,018,000 |
| Net interest income | 2,565,000 | 5,194,000 | 7,891,000 | 10,575,000 |
| Noninterest income | 513,000 | 1,102,000 | 1,577,000 | 2,074,000 |
| Noninterest expense | 2,334,000 | 4,717,000 | 7,054,000 | 10,277,000 |
| Provision for loan losses | 125,000 | 255,000 | 473,000 | 1,355,000 |
| Pretax income | 699,000 | 1,416,000 | 310,000 | -653,000 |
| Income tax | 222,000 | 462,000 | 670,000 | -867,000 |
| Net income | 477,000 | 954,000 | -360,000 | 214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,514,000 | 24,991,000 | 24,264,000 | 24,255,000 |
| Total capital | 26,758,000 | 27,266,000 | 26,670,000 | 27,114,000 |
| Risk-weighted assets | 228,987,000 | 244,802,000 | 256,947,000 | 270,451,000 |