Call reports 2018
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2018
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 987,507,000 | 1,026,571,000 | 1,019,789,000 | 1,032,676,000 |
| Total loans | 733,589,000 | 777,065,000 | 780,468,000 | 774,488,000 |
| Allowance for loan losses | 9,731,000 | 9,873,000 | 10,231,000 | 10,111,000 |
| Securities available for sale | 140,076,000 | 137,783,000 | 137,011,000 | 143,166,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 791,104,000 | 842,299,000 | 843,296,000 | 844,945,000 |
| Interest-bearing deposits | 557,683,000 | 595,266,000 | 600,783,000 | 596,879,000 |
| Noninterest-bearing deposits | 233,422,000 | 247,033,000 | 242,513,000 | 248,066,000 |
| Equity capital | 86,779,000 | 94,531,000 | 94,798,000 | 97,084,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 8,777,000 | 18,348,000 | 28,137,000 | 38,160,000 |
| Interest expense | 1,053,000 | 2,190,000 | 3,455,000 | 4,871,000 |
| Net interest income | 7,724,000 | 16,158,000 | 24,682,000 | 33,289,000 |
| Noninterest income | 2,035,000 | 4,397,000 | 6,929,000 | 8,368,000 |
| Noninterest expense | 8,254,000 | 17,027,000 | 25,541,000 | 33,134,000 |
| Provision for loan losses | 525,000 | 1,100,000 | 1,849,000 | 2,861,000 |
| Pretax income | 1,060,000 | 2,518,000 | 4,311,000 | 5,752,000 |
| Income tax | -25,000 | 51,000 | 173,000 | 256,000 |
| Net income | 1,085,000 | 2,467,000 | 4,138,000 | 5,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,874,000 | 95,348,000 | 95,698,000 | 96,428,000 |
| Total capital | 98,712,000 | 105,328,000 | 106,036,000 | 106,651,000 |
| Risk-weighted assets | 860,862,000 | 902,062,000 | 892,501,000 | 884,444,000 |