Call reports 2010
VIRGINIA COMMONWEALTH BANK — 2010
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 315,597,000 | 315,622,000 | 319,695,000 | 318,007,000 |
| Total loans | 221,668,000 | 211,497,000 | 203,604,000 | 198,626,000 |
| Allowance for loan losses | 5,058,000 | 5,139,000 | 5,195,000 | 11,418,000 |
| Securities available for sale | 68,541,000 | 66,323,000 | 78,928,000 | 82,233,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,812,000 | 267,179,000 | 271,197,000 | 275,339,000 |
| Interest-bearing deposits | 258,877,000 | 257,686,000 | 261,352,000 | 266,564,000 |
| Noninterest-bearing deposits | 8,935,000 | 9,492,000 | 9,845,000 | 8,775,000 |
| Equity capital | 36,033,000 | 36,811,000 | 36,629,000 | 30,814,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,078,000 | 8,047,000 | 11,619,000 | 14,915,000 |
| Interest expense | 1,490,000 | 2,880,000 | 4,236,000 | 5,545,000 |
| Net interest income | 2,588,000 | 5,167,000 | 7,383,000 | 9,370,000 |
| Noninterest income | 155,000 | 275,000 | 481,000 | 731,000 |
| Noninterest expense | 2,044,000 | 4,105,000 | 6,000,000 | 8,106,000 |
| Provision for loan losses | 142,000 | 567,000 | 1,567,000 | 8,317,000 |
| Pretax income | 517,000 | 865,000 | 908,000 | -5,475,000 |
| Income tax | 176,000 | 295,000 | 308,000 | -1,725,000 |
| Net income | 341,000 | 570,000 | 600,000 | -3,750,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,102,000 | 36,331,000 | 36,362,000 | 29,076,000 |
| Total capital | 38,748,000 | 38,886,000 | 38,860,000 | 31,570,000 |
| Risk-weighted assets | 209,295,000 | 202,319,000 | 197,591,000 | 190,601,000 |