| Income Statement for Virginia Commerce Bancorp (VCBI) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | Total Interest Income | 154,138 | 125,292 | 86,478 | 57,998 | 45,968 | | Total Interest Expense | (78,981) | (56,487) | (29,811) | (16,331) | (13,893) | | Net Interest Income | 75,157 | 68,805 | 56,667 | 41,667 | 32,075 | | Loan Loss Provision | (4,340) | (4,406) | (3,772) | (2,989) | (1,575) | | Net Interest Income After Loan Loss Provision | 70,817 | 64,399 | 52,895 | 38,678 | 30,500 | | Non-Interest Income | 7,883 | 7,323 | 6,676 | 5,759 | 7,746 | | Non-Interest Expense | (39,694) | (34,289) | (29,466) | (22,807) | (20,820) | | Special Income/Charges | - | - | - | - | - | | Net Income Before Taxes | 39,006 | 37,433 | 30,105 | 21,630 | 17,426 | | Premium Tax (Credit) | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Income Taxes | (13,219) | (12,925) | (10,438) | (7,401) | (5,880) | | Net Income from Continuing Operations | 25,787 | 24,508 | 19,667 | 14,229 | 11,546 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 25,787 | 24,508 | 19,667 | 14,229 | 11,546 | | Extraordinary Income/Loss | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 25,787 | 24,508 | 19,667 | 14,229 | 11,546 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.98 | 0.94 | 0.77 | 0.60 | 0.52 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.98 | 0.94 | 0.77 | 0.60 | 0.52 | | Basic EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS, Total | 0.98 | 0.94 | 0.77 | 0.60 | 0.52 | | | Basic Normalized Net Income/Share | 0.98 | 0.94 | 0.77 | 0.60 | 0.52 | | | Diluted EPS from Continuing Operations | 0.95 | 0.89 | 0.72 | 0.55 | 0.48 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.95 | 0.89 | 0.72 | 0.55 | 0.48 | | Diluted EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS, Total | 0.95 | 0.89 | 0.72 | 0.55 | 0.48 | | | Diluted Normalized Net Income/Share | 0.95 | 0.89 | 0.72 | 0.55 | 0.48 | | | |
