Call reports 2002
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2002
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 14,469,000 | 14,301,000 | 14,183,000 | 14,218,000 |
| Total loans | 5,473,000 | 5,491,000 | 5,322,000 | 5,518,000 |
| Allowance for loan losses | 113,000 | 111,000 | 109,000 | 116,000 |
| Securities available for sale | 6,377,000 | 6,473,000 | 6,371,000 | 6,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,780,000 | 11,495,000 | 11,335,000 | 11,394,000 |
| Interest-bearing deposits | 8,101,000 | 7,827,000 | 7,846,000 | 7,885,000 |
| Noninterest-bearing deposits | 3,679,000 | 3,668,000 | 3,489,000 | 3,509,000 |
| Equity capital | 2,629,000 | 2,688,000 | 2,745,000 | 2,697,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 203,000 | 406,000 | 600,000 | 793,000 |
| Interest expense | 34,000 | 66,000 | 94,000 | 122,000 |
| Net interest income | 169,000 | 340,000 | 506,000 | 671,000 |
| Noninterest income | 19,000 | 35,000 | 54,000 | 70,000 |
| Noninterest expense | 152,000 | 287,000 | 426,000 | 599,000 |
| Provision for loan losses | 0 | 0 | 0 | 7,000 |
| Pretax income | 36,000 | 88,000 | 134,000 | 137,000 |
| Income tax | 1,000 | 4,000 | 8,000 | 3,000 |
| Net income | 35,000 | 84,000 | 126,000 | 134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,590,000 | 2,584,000 | 2,626,000 | 2,573,000 |
| Total capital | 2,688,000 | 2,675,000 | 2,727,000 | 2,665,000 |
| Risk-weighted assets | 7,818,000 | 7,290,000 | 8,082,000 | 7,296,000 |