Call reports 2010
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2010
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 947,284,000 | 907,796,000 | 914,326,000 | 882,415,000 |
| Total loans | 632,152,000 | 624,640,000 | 616,981,000 | 586,863,000 |
| Allowance for loan losses | 11,144,000 | 11,707,000 | 12,105,000 | 13,228,000 |
| Securities available for sale | 187,695,000 | 184,635,000 | 193,011,000 | 204,274,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 687,408,000 | 687,427,000 | 697,587,000 | 679,908,000 |
| Interest-bearing deposits | 559,436,000 | 565,594,000 | 567,965,000 | 550,206,000 |
| Noninterest-bearing deposits | 127,972,000 | 121,833,000 | 129,622,000 | 129,702,000 |
| Equity capital | 74,918,000 | 76,462,000 | 77,597,000 | 75,487,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 10,403,000 | 20,608,000 | 30,767,000 | 40,837,000 |
| Interest expense | 2,967,000 | 5,664,000 | 7,919,000 | 9,990,000 |
| Net interest income | 7,436,000 | 14,944,000 | 22,848,000 | 30,847,000 |
| Noninterest income | 2,417,000 | 4,652,000 | 6,214,000 | 7,223,000 |
| Noninterest expense | 6,976,000 | 14,056,000 | 21,101,000 | 28,228,000 |
| Provision for loan losses | 4,700,000 | 6,000,000 | 7,500,000 | 8,800,000 |
| Pretax income | -1,823,000 | -460,000 | 1,002,000 | 1,583,000 |
| Income tax | -792,000 | -433,000 | -45,000 | 87,000 |
| Net income | -1,031,000 | -27,000 | 1,047,000 | 1,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,979,000 | 76,833,000 | 77,757,000 | 78,056,000 |
| Total capital | 87,123,000 | 85,416,000 | 86,312,000 | 86,300,000 |
| Risk-weighted assets | 700,185,000 | 683,063,000 | 680,848,000 | 654,828,000 |