Call reports 2014
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2014
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 865,222,000 | 855,989,000 | 860,577,000 | 871,691,000 |
| Total loans | 509,558,000 | 519,662,000 | 525,290,000 | 535,994,000 |
| Allowance for loan losses | 6,834,000 | 6,976,000 | 7,025,000 | 7,075,000 |
| Securities available for sale | 152,034,000 | 140,749,000 | 138,636,000 | 135,450,000 |
| Securities held to maturity | 95,106,000 | 93,590,000 | 91,710,000 | 89,989,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 724,146,000 | 717,447,000 | 716,602,000 | 718,370,000 |
| Interest-bearing deposits | 539,060,000 | 531,251,000 | 532,178,000 | 530,374,000 |
| Noninterest-bearing deposits | 185,086,000 | 186,196,000 | 184,425,000 | 187,996,000 |
| Equity capital | 76,904,000 | 79,611,000 | 80,473,000 | 81,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,453,000 | 14,977,000 | 22,492,000 | 30,239,000 |
| Interest expense | 1,031,000 | 1,993,000 | 2,945,000 | 3,849,000 |
| Net interest income | 6,422,000 | 12,984,000 | 19,547,000 | 26,390,000 |
| Noninterest income | 1,903,000 | 3,924,000 | 5,650,000 | 7,236,000 |
| Noninterest expense | 7,179,000 | 14,607,000 | 21,923,000 | 29,088,000 |
| Provision for loan losses | 250,000 | 350,000 | 800,000 | 600,000 |
| Pretax income | 896,000 | 1,944,000 | 2,467,000 | 3,940,000 |
| Income tax | 43,000 | 63,000 | -53,000 | 68,000 |
| Net income | 853,000 | 1,881,000 | 2,520,000 | 3,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,004,000 | 86,656,000 | 86,920,000 | 87,397,000 |
| Total capital | 92,838,000 | 93,632,000 | 93,945,000 | 94,472,000 |
| Risk-weighted assets | 641,114,000 | 648,845,000 | 648,572,000 | 653,674,000 |