Call reports 2013
VIRGINIA COMMONWEALTH BANK — 2013
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 264,873,000 | 254,628,000 | 252,317,000 | 245,853,000 |
| Total loans | 125,453,000 | 128,655,000 | 131,881,000 | 137,702,000 |
| Allowance for loan losses | 4,498,000 | 4,598,000 | 4,419,000 | 4,363,000 |
| Securities available for sale | 123,269,000 | 113,918,000 | 111,288,000 | 98,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,259,000 | 228,154,000 | 226,081,000 | 219,344,000 |
| Interest-bearing deposits | 221,992,000 | 217,558,000 | 214,138,000 | 207,986,000 |
| Noninterest-bearing deposits | 14,267,000 | 10,596,000 | 11,943,000 | 11,357,000 |
| Equity capital | 28,470,000 | 25,913,000 | 25,637,000 | 25,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,401,000 | 4,777,000 | 7,085,000 | 9,481,000 |
| Interest expense | 401,000 | 749,000 | 1,085,000 | 1,398,000 |
| Net interest income | 2,000,000 | 4,028,000 | 6,000,000 | 8,083,000 |
| Noninterest income | 588,000 | 552,000 | 697,000 | 1,081,000 |
| Noninterest expense | 2,011,000 | 4,016,000 | 5,936,000 | 7,916,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 552,000 | 539,000 | 736,000 | 1,229,000 |
| Income tax | 0 | 0 | 0 | 387,000 |
| Net income | 552,000 | 539,000 | 736,000 | 842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,889,000 | 27,875,000 | 28,072,000 | 28,179,000 |
| Total capital | 29,473,000 | 29,440,000 | 29,689,000 | 29,856,000 |
| Risk-weighted assets | 123,788,000 | 121,738,000 | 126,150,000 | 131,117,000 |