Call reports 2007
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2007
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 837,200,000 | 806,179,000 | 822,292,000 | 817,845,000 |
| Total loans | 582,762,000 | 590,265,000 | 588,004,000 | 598,508,000 |
| Allowance for loan losses | 4,950,000 | 5,088,000 | 5,133,000 | 5,130,000 |
| Securities available for sale | 166,771,000 | 149,418,000 | 135,275,000 | 121,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 596,846,000 | 598,508,000 | 600,855,000 | 596,455,000 |
| Interest-bearing deposits | 497,606,000 | 500,803,000 | 503,701,000 | 500,196,000 |
| Noninterest-bearing deposits | 99,240,000 | 97,705,000 | 97,154,000 | 96,259,000 |
| Equity capital | 69,682,000 | 70,997,000 | 72,802,000 | 74,705,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 12,009,000 | 24,129,000 | 36,500,000 | 48,817,000 |
| Interest expense | 5,861,000 | 11,565,000 | 17,456,000 | 23,353,000 |
| Net interest income | 6,148,000 | 12,564,000 | 19,044,000 | 25,464,000 |
| Noninterest income | 2,291,000 | 4,654,000 | 6,936,000 | 9,339,000 |
| Noninterest expense | 5,664,000 | 11,511,000 | 17,383,000 | 23,052,000 |
| Provision for loan losses | 300,000 | 500,000 | 700,000 | 1,000,000 |
| Pretax income | 2,478,000 | 5,210,000 | 7,900,000 | 10,754,000 |
| Income tax | 686,000 | 1,464,000 | 2,230,000 | 3,040,000 |
| Net income | 1,792,000 | 3,746,000 | 5,670,000 | 7,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,794,000 | 72,001,000 | 73,755,000 | 74,884,000 |
| Total capital | 75,744,000 | 77,089,000 | 78,888,000 | 80,014,000 |
| Risk-weighted assets | 616,582,000 | 628,305,000 | 655,107,000 | 630,949,000 |