Call reports 2005
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2005
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 17,880,000 | 18,971,000 | 19,868,000 | 20,453,000 |
| Total loans | 6,543,000 | 6,661,000 | 6,780,000 | 6,913,000 |
| Allowance for loan losses | 113,000 | 112,000 | 112,000 | 120,000 |
| Securities available for sale | 8,544,000 | 9,214,000 | 9,632,000 | 10,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,340,000 | 16,357,000 | 17,238,000 | 17,890,000 |
| Interest-bearing deposits | 10,897,000 | 11,613,000 | 12,026,000 | 12,291,000 |
| Noninterest-bearing deposits | 4,443,000 | 4,744,000 | 5,212,000 | 5,599,000 |
| Equity capital | 2,522,000 | 2,567,000 | 2,598,000 | 2,511,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 197,000 | 410,000 | 633,000 | 874,000 |
| Interest expense | 31,000 | 65,000 | 105,000 | 150,000 |
| Net interest income | 166,000 | 345,000 | 528,000 | 724,000 |
| Noninterest income | 25,000 | 49,000 | 76,000 | 98,000 |
| Noninterest expense | 140,000 | 282,000 | 426,000 | 627,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 51,000 | 112,000 | 178,000 | 185,000 |
| Income tax | 9,000 | 21,000 | 34,000 | 29,000 |
| Net income | 42,000 | 91,000 | 144,000 | 156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,623,000 | 2,611,000 | 2,664,000 | 2,670,000 |
| Total capital | 2,736,000 | 2,723,000 | 2,776,000 | 2,790,000 |
| Risk-weighted assets | 11,409,000 | 12,273,000 | 12,380,000 | 12,897,000 |