Call reports 2008
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2008
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 836,776,000 | 831,167,000 | 826,823,000 | 830,975,000 |
| Total loans | 612,673,000 | 626,710,000 | 640,702,000 | 637,696,000 |
| Allowance for loan losses | 5,017,000 | 5,113,000 | 5,581,000 | 6,406,000 |
| Securities available for sale | 113,981,000 | 90,699,000 | 86,511,000 | 96,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 621,201,000 | 614,902,000 | 609,016,000 | 647,549,000 |
| Interest-bearing deposits | 517,022,000 | 507,145,000 | 504,042,000 | 522,969,000 |
| Noninterest-bearing deposits | 104,179,000 | 107,757,000 | 104,974,000 | 124,580,000 |
| Equity capital | 75,849,000 | 76,340,000 | 77,578,000 | 77,693,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 11,834,000 | 23,450,000 | 35,129,000 | 46,348,000 |
| Interest expense | 5,385,000 | 10,234,000 | 14,787,000 | 19,008,000 |
| Net interest income | 6,449,000 | 13,216,000 | 20,342,000 | 27,340,000 |
| Noninterest income | 2,371,000 | 4,720,000 | 7,247,000 | 9,193,000 |
| Noninterest expense | 5,966,000 | 12,164,000 | 18,262,000 | 24,748,000 |
| Provision for loan losses | 300,000 | 600,000 | 1,400,000 | 2,400,000 |
| Pretax income | 2,554,000 | 5,172,000 | 7,927,000 | 9,338,000 |
| Income tax | 714,000 | 1,464,000 | 2,270,000 | 2,628,000 |
| Net income | 1,840,000 | 3,708,000 | 5,657,000 | 6,710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,501,000 | 76,566,000 | 77,755,000 | 78,078,000 |
| Total capital | 80,518,000 | 81,679,000 | 83,336,000 | 84,484,000 |
| Risk-weighted assets | 647,205,000 | 657,298,000 | 667,611,000 | 665,837,000 |