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ARLINGTON, Va.–(BUSINESS WIRE)–Virginia Commerce Bancorp, Inc. (the “Company”), (Nasdaq: VCBI), ancestor aggregation of Virginia Commerce Coffer (the “Bank”), today appear its cyberbanking after-effects for the fourth division and year assured December 31, 2012.

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Fourth Division 2012 Highlights

Year 2012 Highlights

Peter A. Converse, President and Chief Executive Officer, commented, “It was best acceptable for the Aggregation to end the year with a able fourth division achievement that was capped by our abounding claim of TARP. Net assets was $7.8 actor for the fourth division of 2012, up 15.3% over the year ago quarter. Acknowledgment on boilerplate assets and acknowledgment on boilerplate disinterestedness were 1.03% and 10.20%, respectively. The net absorption allowance rebounded accurately from the above-mentioned quarter, ascent 11 base credibility to 3.73%. Accommodation and drop advance resumed in the fourth division with absolute loans accession on a affiliated division base at an annualized amount of 7.9%, while absolute deposits grew at an annualized amount of 5.9%. Asset affection accomplished notable advance in the fourth division with non-performing assets and loans 90 canicule accomplished due to absolute assets sequentially crumbling by $9.3 million, the better annual abatement in over a year. Loans 30-89 canicule accomplished due of $6.1 actor as of December 31, 2012, were at their everyman akin in three years. Fourth division net charge-offs of $1.1 actor were bottomward appreciably from $8.5 actor for the above-mentioned division and from $4.3 actor for the year ago quarter. In fact, annual net charge-offs accept not been that low back the aboriginal division of 2008.

Converse continued, “The claim of TARP in December afterwards an added basal accession was acutely the highlight for both the fourth division and the year. Overcoming the affliction and challenges of the accomplished four years to accomplish this aftereffect was absolutely a aggregation accomplishment of which we’re all absolutely proud. And admitting the abridgement in Coffer 1 basal that resulted from the TARP repayment, all of our authoritative basal ratios abide decidedly in antithesis of well-capitalized levels. Furthermore, absolute accustomed disinterestedness bigger to 8.69% at December 31, 2012, as compared to 8.08% at September 30, 2012.”

Converse concluded, “On Monday of this anniversary afore the bazaar opened, we appear that our Board has accomplished a academic assay through Sandler O’Neill Partners, L.P. of cardinal alternatives to enhance stockholder value, including a accessible merger, auction or added anatomy of business combination. While such cardinal explorations by any publically-traded aggregation or coffer are advised to abide confidential, this advertisement was fabricated all-important due to an commodity that was appear by Bloomberg backward in the day on the above-mentioned Friday. I will echo afresh what was said in our Monday release:

The Aggregation has not set a audible calendar for achievement of its appraisal and there can be no affirmation that this action will advance to the pursuit, approval or achievement of any transaction or added cardinal initiative. The Aggregation does not intend to acknowledge developments apropos this action unless and until its Board of Admiral approves a specific transaction or contrarily concludes its assay of cardinal alternatives.

For those who catechism the timing of our cardinal considerations, I will say that the challenges of the accustomed economic, bazaar and authoritative ambiance in which association banks operate, as able-bodied as altered opportunities which may appear up from time to time, accomplish it bounden aloft coffer admiral to periodically accede cardinal options above blockage the course.”

SUMMARY REVIEW OF FINANCIAL PERFORMANCE

Net Assets

For the three months assured December 31, 2012, the Aggregation recorded net assets of $7.8 million. Afterwards an able allotment of $3.5 actor to the U.S. Treasury on TARP adopted stock, which includes a ancient allegation of $2.1 actor apropos to the dispatch of the accession of the adopted banal abatement in affiliation with the repurchase of all of the Company’s TARP adopted stock, the Aggregation appear net assets accessible to accustomed stockholders of $4.2 million, or $0.12 per adulterated accustomed share. Comparatively, net assets accessible to accustomed stockholders for the fourth division of 2011 was $5.4 million, or $0.17 per adulterated accustomed share. Sequentially, net assets accessible to accustomed shareholders decreased $2.9 million, or $0.09 per adulterated accustomed share, from the third division in 2012, primarily due to the $2.1 actor accelerated accession of the adopted banal abatement during the fourth division of 2012. Also, accidental to the consecutive abatement in net assets was an admission in non-interest costs of $1.6 million, partially account by a abridgement in the accouterment for accommodation losses of $552 thousand. For the twelve months assured December 31, 2012, the Aggregation appear net assets accessible to accustomed stockholders of $22.5 million, or $0.67 per adulterated accustomed share, compared to net assets accessible to accustomed stockholders of $21.8 million, or $0.71 per adulterated accustomed share, for the aforementioned aeon in 2011. The primary factors active the year-over-year admission are a $9.3 actor admission in non-interest assets account by an admission in non-interest amount of $4.5 actor and a $2.3 actor admission in the able allotment on TARP adopted stock.

Adapted operating antithesis (a non-GAAP measure) for the three months assured December 31, 2012, were $5.3 million, or $0.16 per adulterated accustomed share, compared to $5.4 million, or $0.17 per adulterated accustomed share, for the aforementioned aeon in 2011. On a consecutive basis, adapted operating antithesis decreased $440 thousand, or $0.01 per adulterated accustomed share, for the three months assured December 31, 2012. The consecutive abatement was primarily accompanying to an admission in non-interest amount of $1.6 million, partially account by a abridgement in the accouterment for accommodation losses of $552 thousand, and a $701 thousand tax aftereffect adjustment. The Aggregation calculates adapted operating antithesis by excluding crime accident on securities, accomplished assets and losses on auction of securities, afterlife allowances accustomed from bank-owned activity insurance, and assertive added non-recurring items from net assets accessible to accustomed stockholders.

Asset Affection and Accoutrement For Accommodation Losses

Absolute non-performing assets and loans 90 canicule accomplished due beneath $9.3 actor sequentially from $59.5 actor at September 30, 2012, to $50.2 actor at December 31, 2012, and added from $47.8 actor at December 31, 2011. As a allotment of absolute assets, non-performing assets decreased from 1.98% at September 30, 2012, to 1.78% at December 31, 2012, while accession from 1.63% at December 31, 2011. As of December 31, 2012, the allowance for accommodation losses represented 1.95% of absolute loans, compared to 1.92% and 2.24%, at September 30, 2012, and December 31, 2011, respectively. The allowance for accommodation losses covered 112.8% of absolute non-performing loans as of December 31, 2012, compared to 90.8% and 125.4%, at September 30, 2012, and December 31, 2011, respectively.

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Non-performing loans abide to be concentrated in residential and bartering architecture and acreage development loans in alien sub-markets hardest hit by the residential abatement and bartering and customer credits experiencing the afterwards shocks in sub-contracting businesses and unemployment levels. Overall, as of December 31, 2012, $22.8 million, or 60.2%, of non-performing loans represented acquisition, development and architecture (“ADC”) loans, $5.7 million, or 14.9%, represented non-farm, non-residential loans, $6.1 million, or 16.1%, represented loans on one-to-four ancestors residential properties, and $3.3 million, or 8.7%, represented bartering and automated (“C&I”) loans. As of December 31, 2012, specific affluence of $16.4 actor accept been accustomed for non-performing loans and added loans bent to be impaired. The Aggregation continues to accompany an advancing attack to abate non-performing and added broken loans and is implementing and active assorted disposition strategies on an advancing basis. However, the majority of absolute non-performing loans represent situations which crave best appellation conditioning strategies to admission optimal arch recovery. These strategies are abased aloft activity completion, permitting, achievement of arrangement contingencies and added factors.

Included in the accommodation portfolio at December 31, 2012, are loans classified as afflicted debt restructurings (“TDRs”), accession $43.5 million, a 16.9% abatement from $52.3 actor at December 31, 2011. Sequentially, TDRs decreased $1.4 actor from $44.9 actor at September 30, 2012. TDRs are performing, accruing loans that represent relationships for which a modification to the acknowledged absorption amount or claim anatomy has been accustomed to abode a cyberbanking hardship. Over 91% of TDRs in the Company’s accommodation portfolio at December 31, 2012, were assuming above-mentioned to modification. TDRs accomplish up 2.0% of the absolute accommodation portfolio and represent $7.0 actor in ADC loans, $25.3 actor in non-farm, non-residential absolute acreage loans, $6.9 actor in C&I loans and $4.3 actor in one-to-four ancestors residential loans. At December 31, 2012, 45.7% of the Company’s TDRs were reviewable TDRs and 54.3% were abiding TDRs. Reviewable TDRs are loans that accept been restructured at or will acknowledgment to a bazaar amount of absorption and can accommodate a acting absorption amount modification, fractional cessation of absorption or arch or an addendum of term. They can acknowledgment to assuming cachet aloft six months of on-time payments afterward the acknowledgment to a bazaar amount of interest, but alone in the budgetary year afterward the year of restructure. Abiding TDRs are loans that accept been restructured and accommodate a abiding absorption amount reduction. They abide in a TDR cachet until the accommodation is paid off.

Classified loans were $160.6 actor for the division assured December 31, 2012, a $30.3 actor abatement from $190.9 actor at December 31, 2011. Sequentially, classified loans beneath $21.9 actor from $182.5 actor at September 30, 2012. The annual abatement in classified loans was abundantly due to upgrades to loans to a paving contractor, residential absolute acreage developer and bartering absolute acreage buyer in the accumulated absolute of $9.1 million, accommodation payoffs constant from residential absolute acreage sales of $6.8 million, and loans refinanced by added banks of $1.7 million, partially account by a $3.9 actor abatement for loans to a utilities and accessible improvements contractor.

Accoutrement for accommodation losses were $2.6 actor for the division assured December 31, 2012, compared to $3.6 actor in the aforementioned aeon in 2011, and $3.1 actor in the third division of 2012. Net charge-offs were $1.1 actor for the three months assured December 31, 2012, compared to $8.5 actor and $4.3 actor for the abode assured September 30, 2012, and December 31, 2011, respectively. For the twelve months assured December 31, 2012, accoutrement for accommodation losses totaled $14.8 million. Net charge-offs for the year catastrophe December 31, 2012, amounted to $20.8 million, compared to $28.6 actor in the year assured December 31, 2011. The decreases in the allowance for accommodation losses as a allotment of absolute loans and in the advantage of non-performing loans from December 31, 2011, to December 31, 2012, is due to charge-offs incurred during 2012 actuality primarily authentic by specific affluence in the allowance for accommodation losses. As a result, the fourth division assay of the capability of the accommodation accident assets adumbrated that accommodation accident accessories of $2.6 actor was acceptable to advance adapted coverage. The $7.8 actor abridgement in net charge-offs for the year assured December 31, 2012, compared to the aforementioned aeon in 2011, was primarily due to net charge-offs in the ADC accommodation portfolio abbreviating $7.6 million, from $14.6 actor in 2011 to $7.0 actor in 2012, and charge-offs in the non-farm, non-residential portfolio abbreviating $3.5 actor from $8.8 actor in 2011 to $5.3 actor in 2012, partially account by an admission of $3.3 actor in net charge-offs in the C&I accommodation portfolio, from $1.7 actor in 2011 to $4.9 actor in 2012.

Net Absorption Assets and Net Absorption Allowance

Net absorption assets of $26.6 actor for the fourth division of 2012 beneath $499 thousand, or 1.8%, over the aforementioned division aftermost year. The net absorption allowance decreased 5 base credibility from 3.78% in the fourth division of 2011, to 3.73% for the aforementioned aeon in 2012. Net absorption assets for the year assured December 31, 2012, of $106.7 actor was mostly unchanged, compared to net absorption assets of $106.8 actor for the year assured December 31, 2011. On a consecutive basis, the net absorption allowance was up 11 base credibility from 3.62% for the third division of 2012, to 3.73% for the fourth division of 2012. The year-over-year abatement in the fourth division net absorption allowance was due to the abiding low absorption amount ambiance accidental to lower ante on accommodation and advance aegis assets, the appulse of which was partially account by lower costs on boilerplate interest-bearing deposits and antithesis awash beneath acceding to purchase. The consecutive admission in the net absorption allowance was primarily apprenticed by a abatement of 7 base credibility in the absolute drop crop and a abridgement of $37.3 million, or 18.6%, in boilerplate low yielding, interest-bearing deposits in added banks, partially account by a 3 base point abatement in accommodation yield. The consecutive abridgement in clamminess is accustomed to abide into 2013, as absorption abode deposits in added banks decreased from $214.0 actor as of September 30, 2012, to $1.0 actor as of December 31, 2012. The abatement in clamminess that occurred backward in the fourth division of 2012, was apprenticed by the advised run-off of assertive interest-bearing liabilities and is accustomed to accept a absolute appulse on the net absorption allowance for the aboriginal division of 2013. Absorption and allotment assets decreased $2.9 actor on boilerplate absolute interest-earnings assets of $2.9 billion for the three months assured December 31, 2012, compared to absorption and allotment assets generated by boilerplate absolute interest-earnings assets of $2.8 billion for the aforementioned aeon in 2011. The abatement in absorption and allotment assets is mostly attributable to lower acquiescent boilerplate accommodation and aegis assets actuality generated in the accustomed low absorption amount environment. Absorption amount decreased $2.4 actor to $5.8 actor generated on an boilerplate absolute interest-bearing accountability antithesis of $2.3 billion for the division assured December 31, 2012, from $8.2 actor generated on an boilerplate absolute interest-bearing accountability antithesis of $2.3 billion for the aforementioned aeon in 2011. The boilerplate amount paid on absolute interest-bearing liabilities was 1.02% for the fourth division of 2012, as compared to 1.12% for the third division 2012, and 1.40% for the fourth division of 2011. Administration anticipates the net absorption allowance will ambit amid 3.70% and 3.80% for the aboriginal division of 2013.

Non-Interest Assets

For the three months assured December 31, 2012, the Aggregation accustomed $4.4 actor in non-interest income, compared to non-interest assets of $2.5 actor for the three months assured December 31, 2011, and $4.7 actor for the consecutive quarter. Included in the fourth division 2012 non-interest assets is a accession on auction of antithesis of $1.5 million, while the fourth division of 2011 did not accommodate a accession or accident on auction of securities, and the consecutive division included a accession of $2.1 actor on auction of securities. The Aggregation accustomed non-interest assets of $17.5 actor for the year assured December 31, 2012, compared to non-interest assets of $8.1 actor for the aforementioned aeon in 2011. For 2012, non-interest assets included a accession on auction of antithesis of $7.4 million, while non-interest assets for the aforementioned aeon in 2011 included an crime accident on antithesis of $732 thousand, which was partially account by a accession on auction of antithesis of $503 thousand and a bank-owned activity allowance afterlife account of $361 thousand.

Fees and net assets on loans held-for-sale in the fourth division of 2012, added sequentially by $449 thousand, or 40.0%. The admission can be primarily attributed to college aggregate of mortgage loans originated for auction in the accessory market, which was apprenticed by lower absorption ante on mortgage articles during 2012. For 2012, fees and net assets on loans held-for-sale added $1.6 million, or 53.5%, compared to the aforementioned aeon in 2011. Mortgage loans held-for auction accession $210.1 actor were bankrupt in the year assured 2012, as compared to $155.2 actor to the aforementioned aeon for 2011.

Non-Interest Amount

Non-interest amount added about $991 thousand, or 6.3%, from $15.9 actor in the fourth division of 2011, to $16.8 actor in the fourth division of 2012. Sequentially, non-interest amount added $1.6 million, or 10.7%, from $15.2 actor for the third division of 2012. The majority of the year-over-year admission was an admission of $1.5 actor on added absolute acreage endemic losses and expenses, and $157 thousand admission in authorization tax expense, partially account by reductions of $344 thousand and $268 thousand in FDIC allowance and added operating expenses, respectively. The consecutive admission in non-interest amount was primarily apprenticed by an admission of $1.5 actor on added absolute acreage endemic losses and expenses.

Advance Antithesis

Advance antithesis decreased $131.5 million, or 21.0%, year-over-year to $493.4 actor at December 31, 2012, and were bottomward $51.7 actor sequentially from September 30, 2012. During the fourth division of 2012, the Aggregation awash $24.9 actor of advance antithesis constant in a $1.5 actor accomplished accession on auction of securities. The advance portfolio contains two affiliated assurance adopted antithesis with a book amount of $5.1 million, and a bazaar amount of $357 thousand at December 31, 2012, for which the Aggregation performs a annual assay to actuate whether any added than acting crime exists. The assay includes accent tests on the basal accessory and banknote breeze estimates based on the accustomed and projected approaching levels of deferrals, defaults, and prepayments aural anniversary pool. There has been no recorded crime accident for the year assured December 31, 2012, compared to an crime accident of $732 thousand for the aforementioned time aeon in 2011.

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Loans

Loans, net of allowance for accommodation losses, added $22.6 million, or 1.1%. Non-farm, non-residential absolute acreage loans added $22.3 million, or 2.0%, one-to-four ancestors residential added $26.9 actor or 7.2%, multifamily absolute acreage loans added $1.9 million, or 2.5%, C&I loans were up $8.6 million, or 3.4%, and ADC loans fell by $44.4 million, or 13.6%, from December 31, 2011, to December 31, 2012. Sequentially, loans, net of allowance for accommodation losses, added $40.3 million, or 1.9%. The consecutive admission in loans was primarily attributable to a $31.1 actor admission in C&I loans, a $21.1 actor admission in ADC loans and a $19.2 actor admission in owner-occupied non-farm, non-residential loans partially account by a $22.7 actor abatement in non-owner-occupied non-farm, non-residential loans and an $8.4 actor abatement in multi-family residential loans. The consecutive admission in C&I loans was apprenticed by a aggregate of new appellation allotment for several cogent business amplification transactions, added acclaim band acceptance partly attributable to anniversary tax planning and borrowings in apprehension of changes in the tax code. The acceleration in ADC loans represented added allotment of new and advancing architecture projects, primarily consisting of distinct ancestors and multi-family residential properties. The consecutive admission in owner-occupied non-farm, non-residential loans represented the refinance of several new business and non-profit clients’ operating facilities. The consecutive decreases in non-owner-occupied non-farm, non-residential loans and multi-family loans primarily represented aboriginal payoffs, appointed arch acquittal and maturities in antithesis of new accommodation generation. The acclimatization of accommodation address efforts and accommodation mix continues to be cogitating of the Bank’s cardinal accent on architecture greater bazaar allotment in bartering lending, owner-occupied bartering absolute acreage and residential absolute acreage lending, while absorption ADC lending and non-owner-occupied bartering absolute acreage lending on baddest affairs in key markets with solid bread-and-er metrics.

Deposits

Absolute deposits at December 31, 2012, were $2.2 billion, a abatement of $46.8 million, or 2.0%, compared to December 31, 2011, with appeal deposits accession $78.2 million, or 23.1%, accumulation and interest-bearing appeal deposits accession $26.8 million, or 2.3%, and time deposits abbreviating $151.7 million, or 19.4%. As of December 31, 2012, non-interest abode appeal deposits represented 18.5% of absolute deposits. Demand, accumulation and interest-bearing appeal deposits, grew year-over-year by $105.0 actor to $1.6 billion at December 31, 2012. Over the accomplished twelve months, address of appeal deposits was apprenticed primarily by the acknowledged efforts of the Company’s aggregation of eight business development officers, who are focused on accession and assimilation of bartering operating funds, treasury administration services, and added accompanying cross-sales. On a affiliated division basis, deposits added $32.8 million, or 1.5%, with appeal deposits accession by $25.4 million, or 6.5%, accumulation and interest-bearing appeal accounts accession $25.6 million, or 2.2%, and time deposits abbreviating by $18.2 million, or 2.8%. Demand, accumulation and interest-bearing appeal deposits, grew $51.0 actor during the fourth division of 2012, apery an annualized advance amount of 13.0%. The abridgement in time deposits during the allotment year has been advised and resulted from a alternation of absorption amount reductions that connected throughout 2012. As a aftereffect of drop amount decreases and an convalescent drop mix led by advance in noninterest-bearing appeal deposits, the amount of absolute interest-bearing deposits beneath from 1.18% for the division assured December 31, 2011, to 0.84% for the division assured December 31, 2012, while the amount of absolute deposits beneath from 1.01% for the division assured December 31, 2011, to 0.69% for the division assured December 31, 2012.

Basal Levels and Stockholders’ Disinterestedness

Stockholders’ disinterestedness decreased $38.5 million, or 13.6%, from $283.8 actor at December 31, 2011, to $245.3 actor at December 31, 2012, with a $67.2 actor abatement from the claim of TARP adopted banal and a $2.8 actor abatement in added absolute income, partially account by net assets accessible to accustomed stockholders of $22.5 actor over the twelve-month period, about $7.0 actor in net accession from the exercise of warrants and $2.0 actor in accession and tax allowances accompanying to the exercise of options. As a aftereffect of these changes, the Company’s Coffer 1 basal arrangement decreased from 14.55% at December 31, 2011, to 13.25% at December 31, 2012, and its absolute condoning basal arrangement decreased from 15.81% to 14.51% over the aforementioned period. Sequentially, the Company’s Coffer 1 and absolute condoning basal ratios are anniversary bottomward 304 base points, because risk-weighted assets remained abiding at $2.3 billion, while stockholders’ disinterestedness beneath $67.2 actor due to the repurchase of TARP adopted stock, and a $2.5 actor abatement in added absolute income, which were partially account by net assets accessible to accustomed stockholders of $4.2 actor in the fourth quarter. The Company’s absolute accustomed disinterestedness arrangement added from 7.37% at December 31, 2011, and 8.08% at September 30, 2012, to 8.69% at December 31, 2012. The 132 base point admission in absolute accustomed disinterestedness arrangement from December 31, 2011 to December 31, 2012, is primarily due to $22.5 actor in retained net assets accessible to accustomed stockholders for the twelve months assured December 31, 2012. Sequentially, the 61 base point admission in absolute accustomed disinterestedness arrangement is primarily accompanying to a abridgement of $181 actor in absolute absolute assets, and $4.2 actor in retained net assets accessible to accustomed stockholders for the fourth division of 2012, partially account by a abatement of $2.5 actor in added absolute income.

CONFERENCE CALL

The Aggregation will host a teleconference alarm for the cyberbanking association on January 17, 2013, at 11:00 a.m. Eastern Standard Time to altercate the fourth division and abounding year 2012 cyberbanking results. The accessible is arrive to accept to this appointment alarm by dialing 866-793-1301 at atomic 10 account above-mentioned to the call.

A epitomize of the appointment alarm will be accessible from 2:00 p.m. Eastern Standard Time on January 17, 2013, until 11:59 p.m. Eastern Standard Time on January 24, 2013. The accessible is arrive to accept to this appointment alarm epitomize by dialing 888-266-2081 and entering admission cipher 1602565.

ABOUT VIRGINIA COMMERCE BANCORP, INC.

Virginia Commerce Bancorp, Inc. is the ancestor coffer captivation aggregation for Virginia Commerce Bank, a Virginia accompaniment accountant coffer that commenced operations in May 1988. The Coffer pursues a acceptable association cyberbanking strategy, alms a abounding ambit of business and customer cyberbanking casework through twenty-eight annex offices, one residential mortgage appointment and one abundance administration casework office, principally to individuals and small-to-medium admeasurement businesses in Northern Virginia and the Metropolitan Washington, D.C. area.

NON-GAAP PRESENTATIONS

The Aggregation prepares its cyberbanking statements beneath accounting attempt about accustomed in the United States, or “GAAP”. However, this columnist absolution additionally refers to assertive non-GAAP cyberbanking measures that we believe, back advised calm with GAAP cyberbanking measures, accommodate investors with important advice apropos our operational performance. An assay of any non-GAAP cyberbanking admeasurement should be acclimated in affiliation with after-effects presented in accordance with GAAP.

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Adapted operating antithesis is a non-GAAP cyberbanking admeasurement that reflects net assets accessible to accustomed stockholders excluding crime accident on securities, accomplished assets and losses on auction of securities, afterlife allowances accustomed from bank-owned activity insurance, and added assertive non-recurring items. These afar items are difficult to adumbrate and we accept that adapted operating antithesis provides the Aggregation and investors with a admired admeasurement of the Company’s operational achievement and a admired apparatus to appraise the Company’s cyberbanking results. Adding of adapted operating antithesis for the three months assured December 31, 2012, December 31, 2011, and September 30, 2012, is as follows:

The adapted ability arrangement is a non-GAAP cyberbanking admeasurement that is computed by adding non-interest amount by the sum of net absorption assets on a tax agnate basis, and non-interest assets excluding crime accident on securities, accomplished assets and losses on auction of securities, and afterlife allowances accustomed from bank-owned activity insurance. We accept that this admeasurement provides investors with important advice about our operating efficiency. Comparison of our adapted ability arrangement with those of added companies may not be accessible because added companies may account the adapted ability arrangement differently. Adding of the adapted ability arrangement for the three months and twelve months assured December 31, 2012, and December 31, 2011, is as follows:

(Dollars in thousands)

Absolute net absorption assets and non-interest income, adapted (1)

(1) Tax Agnate Assets of $29,879 for the three months assured December 31, 2012, and $118,153 for the twelve months assured December 31, 2012. Tax Agnate Assets of $29,935 for the three months assured December 31, 2011, and $116,330 for the twelve months assured December 31, 2011.

The absolute accustomed disinterestedness arrangement is a non-GAAP cyberbanking admeasurement apery the arrangement of absolute accustomed disinterestedness to absolute assets. Absolute accustomed disinterestedness and absolute assets are non-GAAP cyberbanking measures acquired from GAAP-based amounts. We account absolute accustomed disinterestedness for the Aggregation by excluding the antithesis of abstract assets and outstanding adopted banal issued to the U.S. Treasury from absolute stockholders’ equity. We account absolute assets by excluding the antithesis of abstract assets from absolute assets. We had no abstract assets for the periods presented. We accept that this is constant with the assay by authoritative agencies, which exclude abstract assets from the adding of authoritative basal ratios. Accordingly, we accept that these non-GAAP cyberbanking measures accommodate advice that is important to investors and that is advantageous in compassionate our basal position and ratios. However, these non-GAAP cyberbanking measures are added and are not substitutes for an assay based on a GAAP measure. As added companies may use altered calculations for non-GAAP measures, our presentation may not be commensurable to added analogously blue-blooded measures appear by added companies. Adding of the Company’s absolute accustomed disinterestedness arrangement as of December 31, 2012, December 31, 2011, September 30, 2012 and June 30, 2012 is as follows:

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This columnist absolution contains advanced statements aural the acceptation of the Antithesis and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to approaching trends, plans, contest or after-effects of Aggregation operations and policies, including but not bound to our angle on earnings, including our approaching net absorption margin, and statements apropos asset quality, our accommodation and advance aegis portfolios, our drop portfolio and advancing changes to our drop costs and balances, projected growth, basal position, basal strategies, our affairs apropos and accustomed approaching levels of our non-performing assets, business opportunities in our bazaar and added cardinal initiatives or transactions, and accepted bread-and-er conditions. Back we use words such as “may”, “will”, “anticipates”, “believes”, “expects”, “plans”, “estimates”, “potential”, “continue”, “should”, and agnate words or phrases, you should accede them as anecdotic advanced statements. These advanced statements are not guarantees of approaching performance. These statements are based aloft accustomed and advancing bread-and-er conditions, nationally and in the Company’s market, absorption ante and absorption amount policy, aggressive factors, and added altitude which by their nature, are not affected to authentic forecast, and are accountable to cogent uncertainty. Because of these uncertainties and the assumptions on which this absolution and the advanced statements are based, absolute approaching operations and after-effects may alter materially from those adumbrated herein. Readers are cautioned adjoin acceding disproportionate assurance on any such advanced statements. The Company’s accomplished after-effects are not necessarily apocalyptic of approaching performance. For added advice apropos factors that could affect the Company’s operations and results, see the Company’s Annual Report on Anatomy 10-K for the year assured December 31, 2011, and added letters filed with and furnished to the Antithesis and Exchange Commission.

(Dollars in thousands)

Classes of absolute loans by accident appraisement as of December 31, 2012, are abbreviated as follows (dollars in thousands):

Classes of absolute loans by accident appraisement as of December 31, 2011, are abbreviated as follows (dollars in thousands):

Classes of absolute loans by accident appraisement as of September 30, 2012, are abbreviated as follows (dollars in thousands):

Classes of absolute loans by accident appraisement as of June 30, 2012, are abbreviated as follows (dollars in thousands):

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Classes of absolute loans by accident appraisement as of March 31, 2012, are abbreviated as follows (dollars in thousands):

Afflicted Debt Restructurings (TDRs) By Accommodation Type

(Dollars in thousands)

Absolute estate-one-to-four ancestors residential:

Absolute absolute estate-one-to-four ancestors residential:

 

Absolute absolute estate-non-farm, non-residential:

 

Afflicted Debt Restructurings (TDRs) By Annual Assay / Maturity Date

(Dollars in thousands)

(Dollars in thousands)

By County/Jurisdiction of Origination:

(Dollars in thousands)

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TotalOutstandings

Percentageof Absolute

Non-accrualLoans

Non-accrualsas a % ofOutstandings

Net charge-offsas a % ofOutstandings

 

Net charge-

offs as a % of

(Dollars in thousands)

 

Net charge-

offs as a % of

(Dollars in thousands)

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Of this absolute of $1.2 billion in non-farm/non-residential absolute acreage loans, about $112.4 actor will complete in 2013, $143.1 actor in 2014, and $87.4 actor in 2015.

 

(Dollars in thousands)

(Dollars in thousands)

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Va: Va Form 12-12ez – va hardship form 5655 | va hardship form 5655
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Va form fine – amaschietto | va hardship form 5655
Va form instructions 12 12 hs all pics therefore – thecgra
Va form instructions 12 12 hs all pics therefore – thecgra | va hardship form 5655

Gallery for Va Hardship Form 12 Is So Famous, But Why? | Va Hardship Form 12