Call reports 2017
VIRGINIA COMMONWEALTH BANK — 2017
What VIRGINIA COMMONWEALTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 |
|---|---|
| Total assets | 326,459,000 |
| Total loans | 274,831,000 |
| Allowance for loan losses | 2,352,000 |
| Securities available for sale | 22,088,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 266,103,000 |
| Interest-bearing deposits | 247,121,000 |
| Noninterest-bearing deposits | 18,982,000 |
| Equity capital | 35,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 |
|---|---|
| Interest income | 3,089,000 |
| Interest expense | 453,000 |
| Net interest income | 2,636,000 |
| Noninterest income | 305,000 |
| Noninterest expense | 2,219,000 |
| Provision for loan losses | 75,000 |
| Pretax income | 647,000 |
| Income tax | 288,000 |
| Net income | 359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 |
|---|---|
| Tier 1 capital | 35,097,000 |
| Total capital | 37,449,000 |
| Risk-weighted assets | 271,752,000 |