Call reports 2017
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2017
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 917,101,000 | 946,634,000 | 948,377,000 | 976,731,000 |
| Total loans | 634,310,000 | 681,389,000 | 701,977,000 | 739,319,000 |
| Allowance for loan losses | 8,523,000 | 8,710,000 | 8,951,000 | 9,448,000 |
| Securities available for sale | 189,959,000 | 162,365,000 | 158,462,000 | 151,551,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 796,491,000 | 780,438,000 | 785,970,000 | 786,512,000 |
| Interest-bearing deposits | 559,752,000 | 552,395,000 | 559,003,000 | 557,878,000 |
| Noninterest-bearing deposits | 236,739,000 | 228,043,000 | 226,967,000 | 228,635,000 |
| Equity capital | 86,462,000 | 87,998,000 | 88,211,000 | 87,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 7,708,000 | 15,751,000 | 24,301,000 | 32,862,000 |
| Interest expense | 588,000 | 1,260,000 | 2,097,000 | 3,011,000 |
| Net interest income | 7,120,000 | 14,491,000 | 22,204,000 | 29,851,000 |
| Noninterest income | 1,955,000 | 4,785,000 | 7,051,000 | 9,300,000 |
| Noninterest expense | 7,580,000 | 15,719,000 | 23,719,000 | 35,084,000 |
| Provision for loan losses | 650,000 | 1,650,000 | 2,925,000 | 4,160,000 |
| Pretax income | 845,000 | 1,994,000 | 2,699,000 | 3,000 |
| Income tax | -32,000 | -5,000 | -60,000 | -65,000 |
| Net income | 877,000 | 1,999,000 | 2,759,000 | 68,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,269,000 | 90,170,000 | 90,331,000 | 87,639,000 |
| Total capital | 98,793,000 | 98,880,000 | 99,389,000 | 97,194,000 |
| Risk-weighted assets | 766,997,000 | 803,902,000 | 822,969,000 | 860,036,000 |