Call reports 2013
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2013
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 886,585,000 | 862,066,000 | 871,935,000 | 859,578,000 |
| Total loans | 457,510,000 | 469,508,000 | 480,167,000 | 500,699,000 |
| Allowance for loan losses | 7,259,000 | 7,296,000 | 6,980,000 | 6,831,000 |
| Securities available for sale | 319,445,000 | 255,910,000 | 155,381,000 | 152,572,000 |
| Securities held to maturity | 0 | 10,843,000 | 93,249,000 | 96,447,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 747,808,000 | 730,932,000 | 731,429,000 | 726,021,000 |
| Interest-bearing deposits | 570,378,000 | 552,529,000 | 550,361,000 | 542,893,000 |
| Noninterest-bearing deposits | 177,430,000 | 178,403,000 | 181,067,000 | 183,128,000 |
| Equity capital | 82,358,000 | 76,523,000 | 74,129,000 | 74,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,620,000 | 15,087,000 | 22,340,000 | 29,782,000 |
| Interest expense | 1,255,000 | 2,432,000 | 3,577,000 | 4,680,000 |
| Net interest income | 6,365,000 | 12,655,000 | 18,763,000 | 25,102,000 |
| Noninterest income | 1,970,000 | 4,173,000 | 6,334,000 | 7,359,000 |
| Noninterest expense | 7,269,000 | 14,314,000 | 21,113,000 | 27,999,000 |
| Provision for loan losses | 200,000 | 500,000 | 800,000 | 1,300,000 |
| Pretax income | 866,000 | 1,993,000 | 3,158,000 | 3,136,000 |
| Income tax | 94,000 | 277,000 | 455,000 | 215,000 |
| Net income | 772,000 | 1,716,000 | 2,703,000 | 2,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,277,000 | 84,920,000 | 85,607,000 | 85,525,000 |
| Total capital | 91,276,000 | 92,216,000 | 92,587,000 | 92,356,000 |
| Risk-weighted assets | 559,651,000 | 592,880,000 | 606,897,000 | 629,206,000 |