Call reports 2008
RAPPAHANNOCK NATIONAL BANK, THE — 2008
What RAPPAHANNOCK NATIONAL BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 143,043,000 | 147,988,000 | 150,228,000 | 176,831,000 |
| Total loans | 99,928,000 | 105,898,000 | 109,313,000 | 113,843,000 |
| Allowance for loan losses | 832,000 | 932,000 | 943,000 | 1,021,000 |
| Securities available for sale | 16,712,000 | 17,645,000 | 18,298,000 | 24,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,178,000 | 132,243,000 | 134,804,000 | 156,037,000 |
| Interest-bearing deposits | 106,019,000 | 112,017,000 | 113,592,000 | 136,479,000 |
| Noninterest-bearing deposits | 21,159,000 | 20,226,000 | 21,212,000 | 19,558,000 |
| Equity capital | 14,548,000 | 14,889,000 | 14,748,000 | 16,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,998,000 | 4,058,000 | 6,158,000 | 8,304,000 |
| Interest expense | 949,000 | 1,812,000 | 2,646,000 | 3,564,000 |
| Net interest income | 1,049,000 | 2,246,000 | 3,512,000 | 4,740,000 |
| Noninterest income | 276,000 | 573,000 | 879,000 | 1,154,000 |
| Noninterest expense | 1,339,000 | 2,653,000 | 3,953,000 | 5,170,000 |
| Provision for loan losses | 94,000 | 249,000 | 364,000 | 592,000 |
| Pretax income | -108,000 | -82,000 | 75,000 | 133,000 |
| Income tax | -69,000 | -96,000 | -86,000 | -88,000 |
| Net income | -39,000 | 14,000 | 161,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,311,000 | 9,894,000 | 10,071,000 | 12,193,000 |
| Total capital | 10,143,000 | 10,826,000 | 11,014,000 | 13,214,000 |
| Risk-weighted assets | 93,429,000 | 98,347,000 | 101,405,000 | 106,188,000 |