Call reports 2014
VIRGINIA COMMONWEALTH BANK — 2014
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 255,111,000 | 241,789,000 | 241,013,000 | 282,147,000 |
| Total loans | 157,057,000 | 155,238,000 | 150,928,000 | 183,312,000 |
| Allowance for loan losses | 4,336,000 | 4,374,000 | 3,712,000 | 3,780,000 |
| Securities available for sale | 82,565,000 | 74,704,000 | 78,708,000 | 73,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,270,000 | 208,685,000 | 208,226,000 | 219,097,000 |
| Interest-bearing deposits | 202,575,000 | 197,210,000 | 195,717,000 | 207,527,000 |
| Noninterest-bearing deposits | 11,695,000 | 11,474,000 | 12,509,000 | 11,570,000 |
| Equity capital | 26,204,000 | 26,311,000 | 26,674,000 | 32,149,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,477,000 | 4,924,000 | 7,274,000 | 9,890,000 |
| Interest expense | 275,000 | 528,000 | 778,000 | 1,060,000 |
| Net interest income | 2,202,000 | 4,396,000 | 6,496,000 | 8,830,000 |
| Noninterest income | 116,000 | 223,000 | 242,000 | 262,000 |
| Noninterest expense | 1,964,000 | 3,950,000 | 5,832,000 | 7,744,000 |
| Provision for loan losses | 30,000 | 60,000 | -230,000 | -530,000 |
| Pretax income | 344,000 | 694,000 | 1,221,000 | 2,013,000 |
| Income tax | 117,000 | 236,000 | 415,000 | -3,173,000 |
| Net income | 227,000 | 458,000 | 806,000 | 5,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,268,000 | 28,248,000 | 28,496,000 | 30,358,000 |
| Total capital | 30,199,000 | 30,135,000 | 30,340,000 | 32,635,000 |
| Risk-weighted assets | 151,666,000 | 148,116,000 | 145,286,000 | 180,223,000 |