Call reports 2007
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2007
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 20,824,000 | 21,303,000 | 21,414,000 | 21,387,000 |
| Total loans | 7,234,000 | 7,328,000 | 7,568,000 | 7,881,000 |
| Allowance for loan losses | 131,000 | 129,000 | 130,000 | 137,000 |
| Securities available for sale | 10,176,000 | 10,252,000 | 9,974,000 | 9,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,093,000 | 18,601,000 | 18,577,000 | 18,542,000 |
| Interest-bearing deposits | 13,410,000 | 13,277,000 | 13,212,000 | 12,878,000 |
| Noninterest-bearing deposits | 4,683,000 | 5,325,000 | 5,365,000 | 5,664,000 |
| Equity capital | 2,659,000 | 2,616,000 | 2,740,000 | 2,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 260,000 | 535,000 | 812,000 | 1,089,000 |
| Interest expense | 78,000 | 159,000 | 239,000 | 317,000 |
| Net interest income | 182,000 | 376,000 | 573,000 | 772,000 |
| Noninterest income | 22,000 | 49,000 | 76,000 | 106,000 |
| Noninterest expense | 144,000 | 286,000 | 430,000 | 643,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 60,000 | 139,000 | 219,000 | 226,000 |
| Income tax | 11,000 | 29,000 | 47,000 | 26,000 |
| Net income | 49,000 | 110,000 | 172,000 | 200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,713,000 | 2,714,000 | 2,776,000 | 2,717,000 |
| Total capital | 2,844,000 | 2,840,000 | 2,906,000 | 2,845,000 |
| Risk-weighted assets | 13,271,000 | 10,106,000 | 11,680,000 | 10,246,000 |