Call reports 2014
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2014
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 46,147,000 | 46,099,000 | 44,747,000 | 46,032,000 |
| Total loans | 8,607,000 | 8,331,000 | 8,689,000 | 8,717,000 |
| Allowance for loan losses | 172,000 | 163,000 | 163,000 | 169,000 |
| Securities available for sale | 23,917,000 | 24,316,000 | 25,059,000 | 24,961,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,043,000 | 41,837,000 | 40,326,000 | 41,726,000 |
| Interest-bearing deposits | 25,146,000 | 24,291,000 | 24,541,000 | 26,345,000 |
| Noninterest-bearing deposits | 16,897,000 | 17,546,000 | 15,785,000 | 15,381,000 |
| Equity capital | 3,938,000 | 4,037,000 | 4,167,000 | 4,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 219,000 | 447,000 | 681,000 | 925,000 |
| Interest expense | 20,000 | 41,000 | 61,000 | 81,000 |
| Net interest income | 199,000 | 406,000 | 620,000 | 844,000 |
| Noninterest income | 23,000 | 51,000 | 81,000 | 112,000 |
| Noninterest expense | 160,000 | 306,000 | 460,000 | 696,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 62,000 | 153,000 | 243,000 | 251,000 |
| Income tax | 8,000 | 12,000 | 20,000 | 22,000 |
| Net income | 54,000 | 141,000 | 223,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,878,000 | 3,891,000 | 3,972,000 | 3,843,000 |
| Total capital | 4,050,000 | 4,054,000 | 4,135,000 | 4,012,000 |
| Risk-weighted assets | 15,036,000 | 14,699,000 | 17,283,000 | 14,978,000 |