Call reports 2005
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2005
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 685,341,000 | 694,788,000 | 722,666,000 | 734,654,000 |
| Total loans | 430,930,000 | 437,117,000 | 470,407,000 | 494,696,000 |
| Allowance for loan losses | 4,028,000 | 4,179,000 | 4,245,000 | 4,448,000 |
| Securities available for sale | 189,625,000 | 190,117,000 | 188,249,000 | 186,037,000 |
| Securities held to maturity | 610,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,475,000 | 509,696,000 | 531,376,000 | 537,097,000 |
| Interest-bearing deposits | 410,499,000 | 404,777,000 | 418,313,000 | 438,058,000 |
| Noninterest-bearing deposits | 106,976,000 | 104,919,000 | 113,063,000 | 99,039,000 |
| Equity capital | 61,880,000 | 64,154,000 | 64,371,000 | 64,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 8,623,000 | 17,326,000 | 26,515,000 | 36,308,000 |
| Interest expense | 2,619,000 | 5,392,000 | 8,604,000 | 12,341,000 |
| Net interest income | 6,004,000 | 11,934,000 | 17,911,000 | 23,967,000 |
| Noninterest income | 1,797,000 | 3,661,000 | 5,687,000 | 7,702,000 |
| Noninterest expense | 4,904,000 | 10,049,000 | 15,499,000 | 21,065,000 |
| Provision for loan losses | 225,000 | 450,000 | 750,000 | 1,050,000 |
| Pretax income | 2,677,000 | 5,105,000 | 7,359,000 | 9,564,000 |
| Income tax | 722,000 | 1,364,000 | 1,943,000 | 2,529,000 |
| Net income | 1,955,000 | 3,741,000 | 5,416,000 | 7,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,711,000 | 64,837,000 | 65,816,000 | 66,733,000 |
| Total capital | 67,739,000 | 69,016,000 | 70,061,000 | 71,181,000 |
| Risk-weighted assets | 474,666,000 | 480,792,000 | 510,763,000 | 531,094,000 |