Call reports 2008
VIRGINIA COMMONWEALTH BANK — 2008
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q4 |
|---|---|
| Total assets | 310,352,000 |
| Total loans | 246,460,000 |
| Allowance for loan losses | 2,412,000 |
| Securities available for sale | 34,080,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 261,063,000 |
| Interest-bearing deposits | 251,554,000 |
| Noninterest-bearing deposits | 9,509,000 |
| Equity capital | 37,792,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q4 |
|---|---|
| Interest income | 20,036,000 |
| Interest expense | 9,642,000 |
| Net interest income | 10,394,000 |
| Noninterest income | 138,000 |
| Noninterest expense | 7,706,000 |
| Provision for loan losses | 343,000 |
| Pretax income | 2,943,000 |
| Income tax | 1,059,000 |
| Net income | 1,884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q4 |
|---|---|
| Tier 1 capital | 37,369,000 |
| Total capital | 39,781,000 |
| Risk-weighted assets | 224,431,000 |