Call reports 2003
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2003
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 14,817,000 | 15,061,000 | 15,146,000 | 16,140,000 |
| Total loans | 5,311,000 | 5,546,000 | 5,813,000 | 6,095,000 |
| Allowance for loan losses | 108,000 | 90,000 | 88,000 | 104,000 |
| Securities available for sale | 6,736,000 | 6,904,000 | 6,726,000 | 7,224,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,015,000 | 12,198,000 | 12,377,000 | 13,406,000 |
| Interest-bearing deposits | 7,984,000 | 8,260,000 | 8,788,000 | 9,887,000 |
| Noninterest-bearing deposits | 4,031,000 | 3,938,000 | 3,589,000 | 3,519,000 |
| Equity capital | 2,706,000 | 2,730,000 | 2,692,000 | 2,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 179,000 | 361,000 | 541,000 | 727,000 |
| Interest expense | 21,000 | 44,000 | 67,000 | 96,000 |
| Net interest income | 158,000 | 317,000 | 474,000 | 631,000 |
| Noninterest income | 17,000 | 37,000 | 57,000 | 76,000 |
| Noninterest expense | 150,000 | 292,000 | 436,000 | 594,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 7,000 |
| Pretax income | 26,000 | 63,000 | 94,000 | 106,000 |
| Income tax | 0 | 2,000 | 1,000 | 1,000 |
| Net income | 26,000 | 61,000 | 93,000 | 105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,599,000 | 2,582,000 | 2,615,000 | 2,574,000 |
| Total capital | 2,690,000 | 2,672,000 | 2,703,000 | 2,678,000 |
| Risk-weighted assets | 7,288,000 | 7,376,000 | 7,594,000 | 10,860,000 |