Call reports 2014
VIRGINIA BANK AND TRUST COMPANY — 2014
What VIRGINIA BANK AND TRUST COMPANY 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 | 175,581,000 | 172,878,000 | 175,377,000 | 178,144,000 |
| Total loans | 128,817,000 | 127,297,000 | 129,150,000 | 126,339,000 |
| Allowance for loan losses | 1,352,000 | 1,358,000 | 1,355,000 | 1,356,000 |
| Securities available for sale | 24,126,000 | 24,512,000 | 23,514,000 | 25,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,360,000 | 147,332,000 | 149,812,000 | 152,188,000 |
| Interest-bearing deposits | 103,136,000 | 100,849,000 | 101,191,000 | 103,950,000 |
| Noninterest-bearing deposits | 47,225,000 | 46,483,000 | 48,620,000 | 48,238,000 |
| Equity capital | 23,772,000 | 24,121,000 | 24,219,000 | 23,795,000 |
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 | 1,851,000 | 3,682,000 | 5,494,000 | 7,312,000 |
| Interest expense | 91,000 | 174,000 | 259,000 | 338,000 |
| Net interest income | 1,760,000 | 3,508,000 | 5,235,000 | 6,974,000 |
| Noninterest income | 423,000 | 855,000 | 1,285,000 | 1,727,000 |
| Noninterest expense | 1,486,000 | 2,953,000 | 4,386,000 | 5,791,000 |
| Provision for loan losses | 6,000 | 11,000 | 20,000 | 25,000 |
| Pretax income | 692,000 | 1,400,000 | 2,115,000 | 2,886,000 |
| Income tax | 235,000 | 475,000 | 710,000 | 966,000 |
| Net income | 457,000 | 925,000 | 1,405,000 | 1,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,979,000 | 25,041,000 | 25,117,000 | 25,228,000 |
| Total capital | 26,331,000 | 26,399,000 | 26,473,000 | 26,584,000 |
| Risk-weighted assets | 122,809,000 | 121,289,000 | 126,613,000 | 124,510,000 |