Call reports 2011
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2011
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 25,299,000 | 24,856,000 | 26,021,000 | 29,143,000 |
| Total loans | 8,474,000 | 8,790,000 | 8,861,000 | 8,881,000 |
| Allowance for loan losses | 164,000 | 164,000 | 164,000 | 169,000 |
| Securities available for sale | 12,327,000 | 12,461,000 | 12,978,000 | 13,457,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,186,000 | 21,628,000 | 22,676,000 | 25,925,000 |
| Interest-bearing deposits | 15,765,000 | 15,789,000 | 16,335,000 | 18,488,000 |
| Noninterest-bearing deposits | 6,421,000 | 5,839,000 | 6,341,000 | 7,437,000 |
| Equity capital | 2,972,000 | 3,034,000 | 3,145,000 | 3,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 224,000 | 452,000 | 677,000 | 900,000 |
| Interest expense | 43,000 | 85,000 | 119,000 | 148,000 |
| Net interest income | 181,000 | 367,000 | 558,000 | 752,000 |
| Noninterest income | 27,000 | 56,000 | 86,000 | 117,000 |
| Noninterest expense | 151,000 | 298,000 | 449,000 | 669,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 57,000 | 128,000 | 198,000 | 198,000 |
| Income tax | 5,000 | 2,000 | 6,000 | -4,000 |
| Net income | 52,000 | 126,000 | 192,000 | 202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,879,000 | 2,884,000 | 2,949,000 | 2,855,000 |
| Total capital | 3,021,000 | 3,026,000 | 3,094,000 | 3,010,000 |
| Risk-weighted assets | 11,309,000 | 11,346,000 | 11,550,000 | 12,373,000 |