Call reports 2001
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2001
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 496,271,000 | 504,269,000 | 507,541,000 | 515,400,000 |
| Total loans | 327,104,000 | 333,419,000 | 338,015,000 | 346,483,000 |
| Allowance for loan losses | 3,462,000 | 3,540,000 | 3,693,000 | 3,894,000 |
| Securities available for sale | 76,094,000 | 82,786,000 | 91,490,000 | 94,737,000 |
| Securities held to maturity | 42,442,000 | 42,442,000 | 37,443,000 | 36,444,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,837,000 | 399,213,000 | 398,418,000 | 412,607,000 |
| Interest-bearing deposits | 326,878,000 | 329,254,000 | 330,443,000 | 332,325,000 |
| Noninterest-bearing deposits | 69,959,000 | 69,959,000 | 67,975,000 | 80,282,000 |
| Equity capital | 43,933,000 | 44,700,000 | 46,352,000 | 46,160,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 8,739,000 | 17,575,000 | 26,392,000 | 34,965,000 |
| Interest expense | 4,501,000 | 8,769,000 | 12,736,000 | 16,193,000 |
| Net interest income | 4,238,000 | 8,806,000 | 13,656,000 | 18,772,000 |
| Noninterest income | 867,000 | 1,777,000 | 2,778,000 | 3,840,000 |
| Noninterest expense | 3,425,000 | 6,973,000 | 10,580,000 | 14,318,000 |
| Provision for loan losses | 150,000 | 400,000 | 800,000 | 1,200,000 |
| Pretax income | 1,530,000 | 3,210,000 | 5,054,000 | 7,093,000 |
| Income tax | 337,000 | 726,000 | 1,167,000 | 1,642,000 |
| Net income | 1,193,000 | 2,484,000 | 3,887,000 | 5,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,907,000 | 43,768,000 | 44,756,000 | 45,653,000 |
| Total capital | 46,369,000 | 47,308,000 | 48,449,000 | 49,547,000 |
| Risk-weighted assets | 342,847,000 | 349,225,000 | 351,530,000 | 359,901,000 |