Call reports 2004
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2004
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 16,341,000 | 16,524,000 | 17,294,000 | 18,058,000 |
| Total loans | 5,837,000 | 6,249,000 | 6,392,000 | 6,396,000 |
| Allowance for loan losses | 105,000 | 105,000 | 105,000 | 110,000 |
| Securities available for sale | 7,572,000 | 7,558,000 | 8,576,000 | 8,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,573,000 | 13,911,000 | 14,590,000 | 15,421,000 |
| Interest-bearing deposits | 9,709,000 | 9,803,000 | 10,222,000 | 10,731,000 |
| Noninterest-bearing deposits | 3,864,000 | 4,108,000 | 4,368,000 | 4,690,000 |
| Equity capital | 2,684,000 | 2,564,000 | 2,645,000 | 2,573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 183,000 | 367,000 | 545,000 | 747,000 |
| Interest expense | 27,000 | 52,000 | 81,000 | 109,000 |
| Net interest income | 156,000 | 315,000 | 464,000 | 638,000 |
| Noninterest income | 19,000 | 39,000 | 61,000 | 81,000 |
| Noninterest expense | 148,000 | 285,000 | 425,000 | 600,000 |
| Provision for loan losses | 0 | 0 | 0 | 7,000 |
| Pretax income | 29,000 | 71,000 | 110,000 | 121,000 |
| Income tax | 1,000 | 5,000 | 8,000 | 11,000 |
| Net income | 28,000 | 66,000 | 102,000 | 110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,602,000 | 2,589,000 | 2,625,000 | 2,580,000 |
| Total capital | 2,707,000 | 2,694,000 | 2,730,000 | 2,690,000 |
| Risk-weighted assets | 10,832,000 | 10,766,000 | 10,619,000 | 11,154,000 |