Call reports 2003
VIRGINIA BANK AND TRUST COMPANY — 2003
What VIRGINIA BANK AND TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 148,902,000 | 148,035,000 | 150,416,000 | 148,461,000 |
| Total loans | 94,319,000 | 97,081,000 | 95,157,000 | 96,243,000 |
| Allowance for loan losses | 889,000 | 882,000 | 924,000 | 909,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 30,340,000 | 28,307,000 | 36,564,000 | 36,528,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,462,000 | 124,539,000 | 126,862,000 | 124,858,000 |
| Interest-bearing deposits | 100,859,000 | 101,028,000 | 100,715,000 | 99,134,000 |
| Noninterest-bearing deposits | 24,603,000 | 23,511,000 | 26,147,000 | 25,724,000 |
| Equity capital | 22,509,000 | 22,764,000 | 22,985,000 | 23,207,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,209,000 | 4,449,000 | 6,560,000 | 8,607,000 |
| Interest expense | 528,000 | 1,037,000 | 1,488,000 | 1,904,000 |
| Net interest income | 1,681,000 | 3,412,000 | 5,072,000 | 6,703,000 |
| Noninterest income | 256,000 | 556,000 | 872,000 | 1,211,000 |
| Noninterest expense | 1,074,000 | 2,170,000 | 3,259,000 | 4,325,000 |
| Provision for loan losses | 30,000 | 85,000 | 145,000 | 192,000 |
| Pretax income | 833,000 | 1,713,000 | 2,540,000 | 3,397,000 |
| Income tax | 283,000 | 583,000 | 864,000 | 1,159,000 |
| Net income | 550,000 | 1,130,000 | 1,676,000 | 2,238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,509,000 | 22,764,000 | 22,985,000 | 23,207,000 |
| Total capital | 23,398,000 | 23,646,000 | 23,909,000 | 24,116,000 |
| Risk-weighted assets | 95,518,000 | 99,296,000 | 99,015,000 | 99,095,000 |