Call reports 2016
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2016
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 49,245,000 | 48,849,000 | 50,599,000 | 49,439,000 |
| Total loans | 8,836,000 | 8,514,000 | 8,083,000 | 7,796,000 |
| Allowance for loan losses | 167,000 | 167,000 | 168,000 | 166,000 |
| Securities available for sale | 24,160,000 | 24,402,000 | 23,250,000 | 24,472,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,531,000 | 43,987,000 | 45,727,000 | 45,018,000 |
| Interest-bearing deposits | 28,936,000 | 29,091,000 | 30,417,000 | 29,843,000 |
| Noninterest-bearing deposits | 15,595,000 | 14,896,000 | 15,310,000 | 15,175,000 |
| Equity capital | 4,405,000 | 4,521,000 | 4,558,000 | 4,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 253,000 | 513,000 | 782,000 | 1,044,000 |
| Interest expense | 24,000 | 49,000 | 75,000 | 101,000 |
| Net interest income | 229,000 | 464,000 | 707,000 | 943,000 |
| Noninterest income | 25,000 | 51,000 | 75,000 | 97,000 |
| Noninterest expense | 177,000 | 350,000 | 526,000 | 794,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 81,000 | 181,000 | 283,000 | 273,000 |
| Income tax | 10,000 | 17,000 | 44,000 | 46,000 |
| Net income | 71,000 | 164,000 | 239,000 | 227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,105,000 | 4,198,000 | 4,273,000 | 4,227,000 |
| Total capital | 4,272,000 | 4,365,000 | 4,441,000 | 4,393,000 |
| Risk-weighted assets | 16,612,000 | 16,339,000 | 16,500,000 | 18,600,000 |