Call reports 2020
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2020
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,058,955,000 | 1,214,546,000 | 1,249,143,000 | 1,218,766,000 |
| Total loans | 762,528,000 | 860,107,000 | 884,545,000 | 850,713,000 |
| Allowance for loan losses | 9,669,000 | 9,701,000 | 9,920,000 | 9,541,000 |
| Securities available for sale | 146,426,000 | 153,861,000 | 161,920,000 | 179,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 904,698,000 | 1,014,106,000 | 1,053,119,000 | 1,068,477,000 |
| Interest-bearing deposits | 644,836,000 | 668,484,000 | 687,575,000 | 706,634,000 |
| Noninterest-bearing deposits | 259,862,000 | 345,622,000 | 365,544,000 | 361,844,000 |
| Equity capital | 103,888,000 | 109,396,000 | 110,145,000 | 110,747,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,962,000 | 19,802,000 | 29,532,000 | 39,966,000 |
| Interest expense | 1,547,000 | 2,910,000 | 4,167,000 | 5,237,000 |
| Net interest income | 8,415,000 | 16,892,000 | 25,365,000 | 34,729,000 |
| Noninterest income | 1,990,000 | 4,622,000 | 7,126,000 | 9,599,000 |
| Noninterest expense | 8,670,000 | 16,693,000 | 26,214,000 | 37,455,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,000,000 |
| Pretax income | 1,435,000 | 4,405,000 | 5,562,000 | 6,137,000 |
| Income tax | 129,000 | 571,000 | 631,000 | 566,000 |
| Net income | 1,306,000 | 3,834,000 | 4,931,000 | 5,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,738,000 | 103,377,000 | 103,686,000 | 104,036,000 |
| Total capital | 111,519,000 | 113,190,000 | 113,718,000 | 113,629,000 |
| Risk-weighted assets | 871,625,000 | 870,483,000 | 892,462,000 | 890,091,000 |