Call reports 2017
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2017
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 49,991,000 | 51,450,000 | 56,284,000 | 56,320,000 |
| Total loans | 7,648,000 | 8,284,000 | 8,055,000 | 8,768,000 |
| Allowance for loan losses | 167,000 | 167,000 | 167,000 | 177,000 |
| Securities available for sale | 24,654,000 | 24,500,000 | 25,872,000 | 26,928,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,412,000 | 46,690,000 | 51,444,000 | 51,117,000 |
| Interest-bearing deposits | 31,321,000 | 31,272,000 | 33,845,000 | 33,290,000 |
| Noninterest-bearing deposits | 14,091,000 | 15,418,000 | 17,599,000 | 17,827,000 |
| Equity capital | 4,366,000 | 4,483,000 | 4,575,000 | 5,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 269,000 | 556,000 | 870,000 | 1,202,000 |
| Interest expense | 26,000 | 54,000 | 83,000 | 112,000 |
| Net interest income | 243,000 | 502,000 | 787,000 | 1,090,000 |
| Noninterest income | 22,000 | 46,000 | 71,000 | 95,000 |
| Noninterest expense | 179,000 | 358,000 | 539,000 | 851,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 86,000 | 190,000 | 319,000 | 324,000 |
| Income tax | 9,000 | 16,000 | 34,000 | 44,000 |
| Net income | 77,000 | 174,000 | 285,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,303,000 | 4,333,000 | 4,444,000 | 5,037,000 |
| Total capital | 4,470,000 | 4,500,000 | 4,611,000 | 5,214,000 |
| Risk-weighted assets | 16,454,000 | 17,037,000 | 17,776,000 | 18,311,000 |