Call reports 2013
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2013
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 39,522,000 | 39,112,000 | 42,867,000 | 41,675,000 |
| Total loans | 8,663,000 | 9,117,000 | 8,721,000 | 8,457,000 |
| Allowance for loan losses | 172,000 | 172,000 | 172,000 | 172,000 |
| Securities available for sale | 19,837,000 | 20,518,000 | 20,805,000 | 21,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,169,000 | 35,900,000 | 39,628,000 | 38,544,000 |
| Interest-bearing deposits | 22,037,000 | 22,600,000 | 23,792,000 | 23,596,000 |
| Noninterest-bearing deposits | 14,132,000 | 13,300,000 | 15,836,000 | 14,948,000 |
| Equity capital | 3,142,000 | 3,061,000 | 3,111,000 | 3,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 223,000 | 447,000 | 663,000 | 884,000 |
| Interest expense | 26,000 | 47,000 | 68,000 | 88,000 |
| Net interest income | 197,000 | 400,000 | 595,000 | 796,000 |
| Noninterest income | 28,000 | 58,000 | 88,000 | 120,000 |
| Noninterest expense | 160,000 | 298,000 | 457,000 | 704,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 71,000 | 167,000 | 235,000 | 221,000 |
| Income tax | 14,000 | 26,000 | 25,000 | 14,000 |
| Net income | 57,000 | 141,000 | 210,000 | 207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,935,000 | 3,020,000 | 3,088,000 | 3,016,000 |
| Total capital | 3,107,000 | 3,192,000 | 3,260,000 | 3,188,000 |
| Risk-weighted assets | 13,734,000 | 13,860,000 | 14,444,000 | 13,983,000 |