Call reports 2003
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2003
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 587,479,000 | 595,450,000 | 591,355,000 | 641,590,000 |
| Total loans | 385,689,000 | 391,247,000 | 390,795,000 | 405,111,000 |
| Allowance for loan losses | 4,671,000 | 4,877,000 | 4,860,000 | 4,833,000 |
| Securities available for sale | 132,272,000 | 139,234,000 | 148,222,000 | 167,982,000 |
| Securities held to maturity | 19,447,000 | 12,447,000 | 10,448,000 | 10,448,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 466,446,000 | 470,470,000 | 469,459,000 | 491,539,000 |
| Interest-bearing deposits | 367,798,000 | 368,400,000 | 369,961,000 | 376,322,000 |
| Noninterest-bearing deposits | 98,647,000 | 102,070,000 | 99,498,000 | 115,217,000 |
| Equity capital | 54,403,000 | 56,489,000 | 55,539,000 | 57,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 8,354,000 | 16,705,000 | 24,832,000 | 33,012,000 |
| Interest expense | 2,621,000 | 5,115,000 | 7,433,000 | 9,648,000 |
| Net interest income | 5,733,000 | 11,590,000 | 17,399,000 | 23,364,000 |
| Noninterest income | 1,253,000 | 2,507,000 | 3,857,000 | 5,108,000 |
| Noninterest expense | 4,086,000 | 8,367,000 | 12,714,000 | 17,251,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,000,000 |
| Pretax income | 2,606,000 | 5,159,000 | 7,687,000 | 10,281,000 |
| Income tax | 661,000 | 1,298,000 | 1,907,000 | 2,556,000 |
| Net income | 1,945,000 | 3,861,000 | 5,780,000 | 7,725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,829,000 | 53,244,000 | 53,949,000 | 55,754,000 |
| Total capital | 56,500,000 | 58,121,000 | 58,809,000 | 60,586,000 |
| Risk-weighted assets | 408,720,000 | 414,578,000 | 414,980,000 | 435,042,000 |