Call reports 2001
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2001
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 14,537,000 | 14,706,000 | 14,096,000 | 14,362,000 |
| Total loans | 5,835,000 | 5,997,000 | 5,659,000 | 5,715,000 |
| Allowance for loan losses | 99,000 | 97,000 | 93,000 | 109,000 |
| Securities available for sale | 5,564,000 | 5,906,000 | 6,021,000 | 6,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,817,000 | 11,930,000 | 11,287,000 | 11,635,000 |
| Interest-bearing deposits | 7,623,000 | 7,772,000 | 7,765,000 | 8,297,000 |
| Noninterest-bearing deposits | 4,194,000 | 4,158,000 | 3,522,000 | 3,338,000 |
| Equity capital | 2,647,000 | 2,652,000 | 2,717,000 | 2,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 228,000 | 454,000 | 672,000 | 885,000 |
| Interest expense | 49,000 | 101,000 | 149,000 | 191,000 |
| Net interest income | 179,000 | 353,000 | 523,000 | 694,000 |
| Noninterest income | 18,000 | 37,000 | 58,000 | 79,000 |
| Noninterest expense | 144,000 | 276,000 | 430,000 | 612,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 53,000 | 112,000 | 149,000 | 135,000 |
| Income tax | 5,000 | 10,000 | 10,000 | 1,000 |
| Net income | 48,000 | 102,000 | 139,000 | 134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,594,000 | 2,587,000 | 2,624,000 | 2,555,000 |
| Total capital | 2,685,000 | 2,679,000 | 2,717,000 | 2,646,000 |
| Risk-weighted assets | 7,310,000 | 7,464,000 | 7,077,000 | 7,255,000 |