Call reports 2018
FIRST NATIONAL BANK OF POWHATAN POINT, THE — 2018
What FIRST NATIONAL BANK OF POWHATAN POINT, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 58,769,000 | 62,784,000 | 60,705,000 |
| Total loans | 7,943,000 | 6,867,000 | 6,742,000 |
| Allowance for loan losses | 176,000 | 176,000 | 181,000 |
| Securities available for sale | 26,396,000 | 25,686,000 | 24,729,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 53,623,000 | 57,574,000 | 55,385,000 |
| Interest-bearing deposits | 34,955,000 | 35,055,000 | 36,250,000 |
| Noninterest-bearing deposits | 18,668,000 | 22,519,000 | 19,135,000 |
| Equity capital | 4,992,000 | 5,048,000 | 4,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Interest income | 354,000 | 722,000 | 1,116,000 |
| Interest expense | 30,000 | 59,000 | 90,000 |
| Net interest income | 324,000 | 663,000 | 1,026,000 |
| Noninterest income | 22,000 | 42,000 | 66,000 |
| Noninterest expense | 190,000 | 376,000 | 751,000 |
| Provision for loan losses | 0 | 0 | 5,000 |
| Pretax income | 156,000 | 329,000 | 336,000 |
| Income tax | 25,000 | 24,000 | 31,000 |
| Net income | 131,000 | 305,000 | 305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 5,171,000 | 5,267,000 | 5,267,000 |
| Total capital | 5,347,000 | 5,443,000 | 5,448,000 |
| Risk-weighted assets | 17,810,000 | 18,470,000 | 17,831,000 |