Call reports 2006
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2006
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 20,882,000 | 20,632,000 | 20,661,000 | 21,282,000 |
| Total loans | 7,353,000 | 7,467,000 | 7,352,000 | 7,357,000 |
| Allowance for loan losses | 121,000 | 121,000 | 121,000 | 131,000 |
| Securities available for sale | 9,873,000 | 10,040,000 | 10,384,000 | 10,433,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,282,000 | 18,077,000 | 17,948,000 | 18,612,000 |
| Interest-bearing deposits | 12,767,000 | 13,004,000 | 13,238,000 | 13,584,000 |
| Noninterest-bearing deposits | 5,515,000 | 5,073,000 | 4,710,000 | 5,028,000 |
| Equity capital | 2,555,000 | 2,483,000 | 2,642,000 | 2,593,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 246,000 | 504,000 | 766,000 | 1,031,000 |
| Interest expense | 54,000 | 117,000 | 191,000 | 268,000 |
| Net interest income | 192,000 | 387,000 | 575,000 | 763,000 |
| Noninterest income | 21,000 | 43,000 | 71,000 | 96,000 |
| Noninterest expense | 138,000 | 273,000 | 421,000 | 630,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 75,000 | 157,000 | 226,000 | 220,000 |
| Income tax | 16,000 | 35,000 | 49,000 | 33,000 |
| Net income | 59,000 | 122,000 | 177,000 | 187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,736,000 | 2,669,000 | 2,724,000 | 2,664,000 |
| Total capital | 2,857,000 | 2,790,000 | 2,845,000 | 2,795,000 |
| Risk-weighted assets | 13,104,000 | 13,613,000 | 13,528,000 | 13,704,000 |