Virginia Commerce Bancorp (VCBI)

Note 18. Fund Restrictions and Reserve Balance

The transfer of funds from the Bank to the Company in the form of loans, advances, and cash dividends are restricted by Federal and State regulatory authorities. As of December 31, 2008, the aggregate amount of unrestricted funds that could be transferred in the form of a cash dividend totaled approximately $63.4 million, or 25.0%, of the consolidated net assets of the Company.

As members of the Federal Reserve System, the Company is required to maintain certain average reserve balances.  For the final weekly reporting period in the years ended December 31, 2008 and 2007, the aggregate amounts of daily average required balances were approximately $4.0 million and $3.5 million, respectively.

Note 18.
Fund Restrictions and Reserve Balance

The transfer of funds from the
Bank to the Company in the form of loans, advances, and cash dividends are
restricted by Federal and State regulatory authorities. As of December 31,
2008, the aggregate amount of unrestricted funds that could be transferred in
the form of a cash dividend totaled approximately $63.4 million, or 25.0%, of
the consolidated net assets of the Company.

As members of
the Federal Reserve System, the Company is required to maintain certain average
reserve balances.  For the final weekly
reporting period in the years ended December 31, 2008 and 2007, the
aggregate amounts of daily average required balances were approximately $4.0 million and $3.5 million, respectively.

Note 18. Fund Restrictions and Reserve Balance

The transfer of funds from the Bank to the Company in the form of loans, advances, and cash dividends are restricted by Federal and State regulatory authorities. As of December 31, 2007, the aggregate amount of unrestricted funds that could be transferred in the form of a cash dividend totaled approximately $57.3 million, or 33.9%, of the consolidated net assets of the Company.

As members of the Federal Reserve System, the Company is required to maintain certain average reserve balances.  For the final weekly reporting period in the years ended December 31, 2007 and 2006, the aggregate amounts of daily average required balances were approximately $3.5 million and $2.9 million, respectively.

Note 18. Fund Restrictions and
Reserve Balance

The transfer of funds from the Bank to the
Company in the form of loans, advances, and cash dividends are restricted by
Federal and State regulatory authorities. As of December 31, 2007, the
aggregate amount of unrestricted funds that could be transferred in the form of
a cash dividend totaled approximately $57.3 million, or 33.9%, of the
consolidated net assets of the Company.

As members of the Federal
Reserve System, the Company is required to maintain certain average reserve
balances.  For the final weekly reporting
period in the years ended December 31, 2007 and 2006, the aggregate
amounts of daily average required balances were approximately $3.5 million and $2.9 million, respectively.

Note 18. Fund Restrictions and Reserve Balance

The transfer of funds from the Bank to the Company in the form of loans, advances, and cash dividends are restricted by Federal and State regulatory authorities. As of December 31, 2006, the aggregate amount of unrestricted funds that could be transferred in the form of a cash dividend totaled approximately $60.0 million, or 42.9%, of the consolidated net assets of the Company.

As members of the Federal Reserve System, the Company is required to maintain certain average reserve balances. For the final weekly reporting period in the years ended December 31, 2006 and 2005, the aggregate amounts of daily average required balances were approximately $2.9 million and $3.2 million, respectively.

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