Call reports 2010
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2010
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 24,228,000 | 25,065,000 | 25,869,000 | 25,037,000 |
| Total loans | 7,156,000 | 7,735,000 | 8,383,000 | 8,997,000 |
| Allowance for loan losses | 159,000 | 159,000 | 159,000 | 164,000 |
| Securities available for sale | 12,544,000 | 11,908,000 | 12,262,000 | 12,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,111,000 | 21,889,000 | 22,592,000 | 21,945,000 |
| Interest-bearing deposits | 15,246,000 | 16,122,000 | 16,464,000 | 15,268,000 |
| Noninterest-bearing deposits | 5,865,000 | 5,767,000 | 6,128,000 | 6,678,000 |
| Equity capital | 2,957,000 | 2,994,000 | 3,084,000 | 2,932,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 230,000 | 464,000 | 697,000 | 932,000 |
| Interest expense | 49,000 | 96,000 | 142,000 | 187,000 |
| Net interest income | 181,000 | 368,000 | 555,000 | 745,000 |
| Noninterest income | 29,000 | 57,000 | 87,000 | 117,000 |
| Noninterest expense | 164,000 | 312,000 | 471,000 | 692,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 46,000 | 114,000 | 171,000 | 166,000 |
| Income tax | 5,000 | 0 | 3,000 | -2,000 |
| Net income | 41,000 | 114,000 | 168,000 | 168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,821,000 | 2,841,000 | 2,895,000 | 2,827,000 |
| Total capital | 2,967,000 | 2,978,000 | 3,038,000 | 2,974,000 |
| Risk-weighted assets | 11,645,000 | 10,913,000 | 11,430,000 | 11,773,000 |