Call reports 2004
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2004
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 656,031,000 | 670,526,000 | 687,080,000 | 681,458,000 |
| Total loans | 406,658,000 | 422,253,000 | 429,232,000 | 433,253,000 |
| Allowance for loan losses | 4,830,000 | 4,743,000 | 4,671,000 | 4,303,000 |
| Securities available for sale | 176,255,000 | 188,312,000 | 183,036,000 | 195,684,000 |
| Securities held to maturity | 9,449,000 | 6,609,000 | 6,609,000 | 6,609,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 509,432,000 | 513,273,000 | 522,297,000 | 512,866,000 |
| Interest-bearing deposits | 387,358,000 | 392,753,000 | 411,784,000 | 410,634,000 |
| Noninterest-bearing deposits | 122,074,000 | 120,520,000 | 110,513,000 | 102,233,000 |
| Equity capital | 59,768,000 | 57,767,000 | 61,517,000 | 62,642,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 8,147,000 | 16,377,000 | 24,885,000 | 33,493,000 |
| Interest expense | 2,194,000 | 4,460,000 | 6,802,000 | 9,258,000 |
| Net interest income | 5,953,000 | 11,917,000 | 18,083,000 | 24,235,000 |
| Noninterest income | 1,336,000 | 3,215,000 | 5,002,000 | 6,713,000 |
| Noninterest expense | 4,569,000 | 9,226,000 | 14,090,000 | 18,847,000 |
| Provision for loan losses | 150,000 | 350,000 | 650,000 | 850,000 |
| Pretax income | 2,594,000 | 5,628,000 | 8,429,000 | 11,339,000 |
| Income tax | 680,000 | 1,464,000 | 2,235,000 | 3,076,000 |
| Net income | 1,914,000 | 4,164,000 | 6,194,000 | 8,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,078,000 | 58,847,000 | 60,227,000 | 62,404,000 |
| Total capital | 61,908,000 | 63,590,000 | 64,898,000 | 66,707,000 |
| Risk-weighted assets | 439,060,000 | 460,779,000 | 469,329,000 | 474,962,000 |