Call reports 2016
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2016
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 851,716,000 | 891,786,000 | 900,160,000 | 897,966,000 |
| Total loans | 573,475,000 | 598,161,000 | 593,920,000 | 603,882,000 |
| Allowance for loan losses | 7,802,000 | 7,934,000 | 7,780,000 | 8,245,000 |
| Securities available for sale | 190,031,000 | 161,264,000 | 157,308,000 | 194,665,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 727,096,000 | 729,103,000 | 766,971,000 | 787,341,000 |
| Interest-bearing deposits | 519,514,000 | 520,187,000 | 538,477,000 | 555,862,000 |
| Noninterest-bearing deposits | 207,583,000 | 208,916,000 | 228,494,000 | 231,479,000 |
| Equity capital | 86,065,000 | 87,699,000 | 88,258,000 | 85,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 7,351,000 | 14,771,000 | 22,191,000 | 29,765,000 |
| Interest expense | 719,000 | 1,301,000 | 1,934,000 | 2,574,000 |
| Net interest income | 6,632,000 | 13,470,000 | 20,257,000 | 27,191,000 |
| Noninterest income | 1,905,000 | 4,055,000 | 6,265,000 | 8,367,000 |
| Noninterest expense | 7,888,000 | 15,178,000 | 22,528,000 | 29,811,000 |
| Provision for loan losses | 150,000 | 1,400,000 | 1,300,000 | 1,930,000 |
| Pretax income | 1,008,000 | 1,462,000 | 3,216,000 | 4,339,000 |
| Income tax | 28,000 | -103,000 | 181,000 | 288,000 |
| Net income | 980,000 | 1,565,000 | 3,035,000 | 4,051,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,721,000 | 88,706,000 | 89,576,000 | 89,992,000 |
| Total capital | 96,523,000 | 96,640,000 | 97,356,000 | 98,237,000 |
| Risk-weighted assets | 688,689,000 | 741,260,000 | 716,814,000 | 729,377,000 |