Call reports 2011
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2011
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 857,717,000 | 828,017,000 | 848,275,000 | 845,323,000 |
| Total loans | 564,557,000 | 539,375,000 | 527,279,000 | 520,451,000 |
| Allowance for loan losses | 10,284,000 | 9,974,000 | 9,752,000 | 8,498,000 |
| Securities available for sale | 194,144,000 | 192,765,000 | 208,410,000 | 235,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 686,290,000 | 680,817,000 | 690,805,000 | 691,284,000 |
| Interest-bearing deposits | 545,985,000 | 527,812,000 | 531,239,000 | 527,240,000 |
| Noninterest-bearing deposits | 140,305,000 | 153,005,000 | 159,566,000 | 164,044,000 |
| Equity capital | 75,916,000 | 78,805,000 | 80,086,000 | 80,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 9,354,000 | 18,495,000 | 27,476,000 | 36,206,000 |
| Interest expense | 1,844,000 | 3,535,000 | 5,154,000 | 6,715,000 |
| Net interest income | 7,510,000 | 14,960,000 | 22,322,000 | 29,491,000 |
| Noninterest income | 1,759,000 | 3,560,000 | 5,206,000 | 6,705,000 |
| Noninterest expense | 7,192,000 | 14,547,000 | 21,839,000 | 28,880,000 |
| Provision for loan losses | 1,800,000 | 2,300,000 | 2,900,000 | 3,700,000 |
| Pretax income | 277,000 | 1,724,000 | 3,226,000 | 4,403,000 |
| Income tax | -20,000 | 364,000 | 772,000 | 1,055,000 |
| Net income | 297,000 | 1,360,000 | 2,454,000 | 3,348,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,353,000 | 79,417,000 | 80,312,000 | 80,955,000 |
| Total capital | 86,320,000 | 87,056,000 | 87,830,000 | 88,410,000 |
| Risk-weighted assets | 635,027,000 | 608,800,000 | 599,197,000 | 595,341,000 |