Call reports 2009
VIRGINIA COMMONWEALTH BANK — 2009
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 322,822,000 | 319,854,000 | 322,460,000 | 317,973,000 |
| Total loans | 243,768,000 | 240,805,000 | 235,049,000 | 231,134,000 |
| Allowance for loan losses | 2,561,000 | 2,431,000 | 2,530,000 | 5,374,000 |
| Securities available for sale | 49,874,000 | 52,484,000 | 52,118,000 | 35,181,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,803,000 | 270,557,000 | 272,513,000 | 270,567,000 |
| Interest-bearing deposits | 263,257,000 | 261,393,000 | 262,074,000 | 261,827,000 |
| Noninterest-bearing deposits | 10,546,000 | 9,164,000 | 10,438,000 | 8,740,000 |
| Equity capital | 37,027,000 | 36,977,000 | 37,490,000 | 35,857,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,533,000 | 9,050,000 | 13,448,000 | 17,616,000 |
| Interest expense | 2,070,000 | 3,968,000 | 5,734,000 | 7,407,000 |
| Net interest income | 2,463,000 | 5,082,000 | 7,714,000 | 10,209,000 |
| Noninterest income | 233,000 | 487,000 | 766,000 | 1,084,000 |
| Noninterest expense | 1,916,000 | 3,877,000 | 5,963,000 | 8,092,000 |
| Provision for loan losses | 450,000 | 1,150,000 | 1,675,000 | 5,075,000 |
| Pretax income | 675,000 | 1,089,000 | 1,416,000 | -922,000 |
| Income tax | 101,000 | 368,000 | 475,000 | -474,000 |
| Net income | 574,000 | 721,000 | 941,000 | -448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,785,000 | 36,932,000 | 37,152,000 | 35,761,000 |
| Total capital | 39,346,000 | 39,363,000 | 39,682,000 | 38,484,000 |
| Risk-weighted assets | 223,316,000 | 217,763,000 | 213,997,000 | 215,193,000 |