Call reports 2006
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2006
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 776,016,000 | 791,310,000 | 817,304,000 | 841,840,000 |
| Total loans | 521,783,000 | 549,454,000 | 573,433,000 | 583,593,000 |
| Allowance for loan losses | 4,580,000 | 4,549,000 | 4,625,000 | 4,784,000 |
| Securities available for sale | 180,338,000 | 177,395,000 | 178,032,000 | 175,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 560,804,000 | 557,178,000 | 569,606,000 | 588,886,000 |
| Interest-bearing deposits | 454,561,000 | 458,858,000 | 467,950,000 | 491,761,000 |
| Noninterest-bearing deposits | 106,243,000 | 98,320,000 | 101,657,000 | 97,124,000 |
| Equity capital | 64,742,000 | 65,263,000 | 67,150,000 | 68,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 10,066,000 | 20,837,000 | 32,446,000 | 44,674,000 |
| Interest expense | 4,168,000 | 8,886,000 | 14,335,000 | 20,287,000 |
| Net interest income | 5,898,000 | 11,951,000 | 18,111,000 | 24,387,000 |
| Noninterest income | 2,124,000 | 4,498,000 | 6,567,000 | 8,783,000 |
| Noninterest expense | 5,498,000 | 11,184,000 | 16,827,000 | 22,581,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,200,000 |
| Pretax income | 2,225,000 | 4,667,000 | 6,958,000 | 9,398,000 |
| Income tax | 587,000 | 1,256,000 | 1,873,000 | 2,546,000 |
| Net income | 1,638,000 | 3,411,000 | 5,085,000 | 6,852,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,371,000 | 68,444,000 | 69,365,000 | 69,751,000 |
| Total capital | 71,951,000 | 72,993,000 | 73,990,000 | 74,535,000 |
| Risk-weighted assets | 556,826,000 | 580,178,000 | 609,601,000 | 619,701,000 |