Call reports 2002
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2002
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 524,421,000 | 532,070,000 | 558,144,000 | 572,406,000 |
| Total loans | 349,978,000 | 363,311,000 | 372,875,000 | 377,961,000 |
| Allowance for loan losses | 3,998,000 | 4,209,000 | 4,539,000 | 4,565,000 |
| Securities available for sale | 89,528,000 | 97,353,000 | 98,507,000 | 124,425,000 |
| Securities held to maturity | 32,445,000 | 30,445,000 | 30,446,000 | 25,447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,318,000 | 428,179,000 | 442,633,000 | 454,363,000 |
| Interest-bearing deposits | 339,554,000 | 345,884,000 | 353,504,000 | 363,431,000 |
| Noninterest-bearing deposits | 79,764,000 | 82,294,000 | 89,129,000 | 90,932,000 |
| Equity capital | 47,297,000 | 49,851,000 | 51,652,000 | 52,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 8,392,000 | 16,820,000 | 25,420,000 | 33,972,000 |
| Interest expense | 3,148,000 | 6,175,000 | 9,182,000 | 11,972,000 |
| Net interest income | 5,244,000 | 10,645,000 | 16,238,000 | 22,000,000 |
| Noninterest income | 1,075,000 | 2,366,000 | 3,544,000 | 4,866,000 |
| Noninterest expense | 3,799,000 | 7,780,000 | 11,721,000 | 15,994,000 |
| Provision for loan losses | 300,000 | 700,000 | 1,300,000 | 1,700,000 |
| Pretax income | 2,225,000 | 4,540,000 | 6,773,000 | 9,186,000 |
| Income tax | 577,000 | 1,127,000 | 1,670,000 | 2,241,000 |
| Net income | 1,648,000 | 3,413,000 | 5,103,000 | 6,945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,849,000 | 48,164,000 | 49,016,000 | 50,382,000 |
| Total capital | 50,847,000 | 52,373,000 | 53,555,000 | 54,947,000 |
| Risk-weighted assets | 368,197,000 | 380,539,000 | 392,973,000 | 399,308,000 |