Call reports 2020
VIRGINIA BANK AND TRUST COMPANY — 2020
What VIRGINIA BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Total assets | 217,915,000 | 236,503,000 | 236,541,000 |
| Total loans | 149,674,000 | 162,969,000 | 161,164,000 |
| Allowance for loan losses | 1,246,000 | 1,201,000 | 1,208,000 |
| Securities available for sale | 36,105,000 | 41,684,000 | 36,127,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 188,956,000 | 207,153,000 | 207,032,000 |
| Interest-bearing deposits | 113,862,000 | 117,235,000 | 120,322,000 |
| Noninterest-bearing deposits | 75,093,000 | 89,917,000 | 86,710,000 |
| Equity capital | 24,473,000 | 24,605,000 | 24,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Interest income | 2,152,000 | 4,197,000 | 6,282,000 |
| Interest expense | 110,000 | 207,000 | 298,000 |
| Net interest income | 2,042,000 | 3,990,000 | 5,984,000 |
| Noninterest income | 365,000 | 671,000 | 970,000 |
| Noninterest expense | 1,665,000 | 3,254,000 | 4,868,000 |
| Provision for loan losses | 64,000 | 361,000 | 409,000 |
| Pretax income | 690,000 | 1,058,000 | 1,689,000 |
| Income tax | 104,000 | 173,000 | 317,000 |
| Net income | 586,000 | 885,000 | 1,372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 |
|---|---|---|---|
| Tier 1 capital | 25,813,000 | 25,811,000 | 25,798,000 |
| Total capital | 27,059,000 | 27,012,000 | 27,006,000 |
| Risk-weighted assets | 141,670,000 | 144,521,000 | 147,627,000 |