Call reports 2011
VIRGINIA COMMONWEALTH BANK — 2011
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 318,363,000 | 311,772,000 | 308,042,000 | 285,845,000 |
| Total loans | 186,389,000 | 180,594,000 | 169,010,000 | 162,829,000 |
| Allowance for loan losses | 7,065,000 | 10,368,000 | 7,455,000 | 5,955,000 |
| Securities available for sale | 93,515,000 | 86,219,000 | 57,370,000 | 101,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,885,000 | 268,952,000 | 266,475,000 | 260,775,000 |
| Interest-bearing deposits | 265,252,000 | 260,455,000 | 256,955,000 | 251,242,000 |
| Noninterest-bearing deposits | 10,633,000 | 8,497,000 | 9,520,000 | 9,533,000 |
| Equity capital | 30,528,000 | 30,617,000 | 30,790,000 | 24,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,278,000 | 6,713,000 | 9,311,000 | 12,006,000 |
| Interest expense | 1,223,000 | 2,367,000 | 3,407,000 | 4,261,000 |
| Net interest income | 2,055,000 | 4,346,000 | 5,904,000 | 7,745,000 |
| Noninterest income | -292,000 | -1,060,000 | -866,000 | -1,480,000 |
| Noninterest expense | 2,071,000 | 4,103,000 | 6,035,000 | 8,048,000 |
| Provision for loan losses | 300,000 | 3,400,000 | 3,550,000 | 4,050,000 |
| Pretax income | -608,000 | -3,969,000 | -3,764,000 | -5,050,000 |
| Income tax | -207,000 | -1,350,000 | -1,280,000 | 3,602,000 |
| Net income | -401,000 | -2,619,000 | -2,484,000 | -8,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,249,000 | 25,658,000 | 26,130,000 | 24,358,000 |
| Total capital | 30,631,000 | 27,978,000 | 28,246,000 | 26,298,000 |
| Risk-weighted assets | 185,940,000 | 177,300,000 | 163,725,000 | 150,733,000 |