Call reports 2016
VIRGINIA BANK AND TRUST COMPANY — 2016
What VIRGINIA BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 188,473,000 | 184,058,000 | 187,584,000 | 185,784,000 |
| Total loans | 132,149,000 | 133,767,000 | 134,885,000 | 134,419,000 |
| Allowance for loan losses | 1,309,000 | 1,298,000 | 1,301,000 | 808,000 |
| Securities available for sale | 30,401,000 | 30,437,000 | 29,762,000 | 29,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,168,000 | 157,498,000 | 161,112,000 | 160,238,000 |
| Interest-bearing deposits | 102,544,000 | 102,785,000 | 103,126,000 | 102,799,000 |
| Noninterest-bearing deposits | 59,624,000 | 54,713,000 | 57,985,000 | 57,439,000 |
| Equity capital | 24,039,000 | 24,209,000 | 24,188,000 | 23,417,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,843,000 | 3,711,000 | 5,626,000 | 7,510,000 |
| Interest expense | 60,000 | 114,000 | 168,000 | 221,000 |
| Net interest income | 1,783,000 | 3,597,000 | 5,458,000 | 7,289,000 |
| Noninterest income | 383,000 | 785,000 | 1,190,000 | 1,598,000 |
| Noninterest expense | 1,650,000 | 3,234,000 | 4,898,000 | 6,423,000 |
| Provision for loan losses | 1,000 | -5,000 | 6,000 | 8,000 |
| Pretax income | 584,000 | 1,275,000 | 1,907,000 | 2,656,000 |
| Income tax | 199,000 | 436,000 | 647,000 | 851,000 |
| Net income | 385,000 | 839,000 | 1,260,000 | 1,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,359,000 | 25,322,000 | 25,356,000 | 25,566,000 |
| Total capital | 26,667,000 | 26,620,000 | 26,657,000 | 26,374,000 |
| Risk-weighted assets | 132,225,000 | 133,154,000 | 134,386,000 | 131,332,000 |