Call reports 2022
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2022
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,317,803,000 | 1,306,972,000 | 1,308,759,000 | 1,347,151,000 |
| Total loans | 857,244,000 | 915,597,000 | 955,839,000 | 1,027,506,000 |
| Allowance for loan losses | 9,520,000 | 9,896,000 | 9,933,000 | 10,526,000 |
| Securities available for sale | 231,346,000 | 232,510,000 | 220,498,000 | 218,584,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 377,000 | 735,000 | 1,585,000 | 1,447,000 |
| Total deposits | 1,195,634,000 | 1,187,734,000 | 1,194,576,000 | 1,168,429,000 |
| Interest-bearing deposits | 793,818,000 | 738,866,000 | 745,061,000 | 737,437,000 |
| Noninterest-bearing deposits | 401,816,000 | 448,868,000 | 449,515,000 | 430,992,000 |
| Equity capital | 114,557,000 | 109,737,000 | 104,024,000 | 109,429,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 10,457,000 | 21,524,000 | 33,870,000 | 47,963,000 |
| Interest expense | 539,000 | 1,007,000 | 1,508,000 | 2,425,000 |
| Net interest income | 9,918,000 | 20,517,000 | 32,362,000 | 45,538,000 |
| Noninterest income | 2,179,000 | 4,309,000 | 6,394,000 | 10,178,000 |
| Noninterest expense | 9,317,000 | 18,921,000 | 29,067,000 | 39,886,000 |
| Provision for loan losses | 101,000 | 671,000 | 1,073,000 | 1,706,000 |
| Pretax income | 2,679,000 | 5,234,000 | 8,616,000 | 12,254,000 |
| Income tax | 377,000 | 729,000 | 1,243,000 | 1,822,000 |
| Net income | 2,302,000 | 4,505,000 | 7,373,000 | 10,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,299,000 | 122,813,000 | 124,992,000 | 127,362,000 |
| Total capital | 130,870,000 | 132,760,000 | 134,975,000 | 137,939,000 |
| Risk-weighted assets | 995,171,000 | 1,049,617,000 | 1,105,733,000 | 1,178,799,000 |