Call reports 2020
BANK OF THE JAMES — 2020
What BANK OF THE JAMES reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 746,440,000 | 827,387,000 | 849,462,000 | 851,823,000 |
| Total loans | 582,268,000 | 635,855,000 | 633,779,000 | 616,192,000 |
| Allowance for loan losses | 5,474,000 | 6,193,000 | 6,966,000 | 7,157,000 |
| Securities available for sale | 54,993,000 | 55,073,000 | 75,628,000 | 90,186,000 |
| Securities held to maturity | 3,683,000 | 3,679,000 | 3,675,000 | 3,671,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 668,816,000 | 748,694,000 | 769,053,000 | 769,697,000 |
| Interest-bearing deposits | 571,166,000 | 611,463,000 | 616,894,000 | 621,622,000 |
| Noninterest-bearing deposits | 97,650,000 | 137,231,000 | 152,159,000 | 148,075,000 |
| Equity capital | 68,206,000 | 69,366,000 | 71,092,000 | 72,481,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,488,000 | 14,574,000 | 21,915,000 | 29,686,000 |
| Interest expense | 1,272,000 | 2,350,000 | 3,371,000 | 4,152,000 |
| Net interest income | 6,216,000 | 12,224,000 | 18,544,000 | 25,534,000 |
| Noninterest income | 1,690,000 | 4,308,000 | 7,393,000 | 10,104,000 |
| Noninterest expense | 6,100,000 | 13,018,000 | 19,765,000 | 26,986,000 |
| Provision for loan losses | 888,000 | 1,648,000 | 2,348,000 | 2,548,000 |
| Pretax income | 1,349,000 | 2,510,000 | 4,468,000 | 6,748,000 |
| Income tax | 267,000 | 488,000 | 886,000 | 1,319,000 |
| Net income | 1,082,000 | 2,022,000 | 3,582,000 | 5,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,743,000 | 67,284,000 | 68,842,000 | 70,688,000 |
| Total capital | 72,217,000 | 73,477,000 | 75,808,000 | 77,845,000 |
| Risk-weighted assets | 617,141,000 | 612,176,000 | 617,969,000 | 635,445,000 |