Call reports 2023
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2023
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,408,127,000 | 1,434,808,000 | 1,438,807,000 | 1,437,603,000 |
| Total loans | 1,081,591,000 | 1,095,633,000 | 1,082,970,000 | 1,080,723,000 |
| Allowance for loan losses | 11,551,000 | 11,651,000 | 11,844,000 | 12,206,000 |
| Securities available for sale | 217,068,000 | 203,562,000 | 193,725,000 | 197,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,107,000 | 1,508,000 | 2,114,000 | 1,249,000 |
| Total deposits | 1,204,461,000 | 1,233,235,000 | 1,241,775,000 | 1,234,638,000 |
| Interest-bearing deposits | 794,454,000 | 884,019,000 | 889,292,000 | 898,405,000 |
| Noninterest-bearing deposits | 410,007,000 | 349,216,000 | 352,483,000 | 336,233,000 |
| Equity capital | 120,712,000 | 121,046,000 | 118,206,000 | 125,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 15,121,000 | 31,434,000 | 48,587,000 | 66,484,000 |
| Interest expense | 2,045,000 | 5,998,000 | 11,466,000 | 17,246,000 |
| Net interest income | 13,076,000 | 25,436,000 | 37,121,000 | 49,238,000 |
| Noninterest income | 2,067,000 | 4,369,000 | 6,554,000 | 8,525,000 |
| Noninterest expense | 10,567,000 | 21,959,000 | 33,205,000 | 43,973,000 |
| Provision for loan losses | 563,000 | 873,000 | 1,351,000 | 2,766,000 |
| Pretax income | 4,200,000 | 6,945,000 | 9,094,000 | 11,055,000 |
| Income tax | 713,000 | 1,119,000 | 1,409,000 | 1,754,000 |
| Net income | 3,487,000 | 5,826,000 | 7,685,000 | 9,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,411,000 | 138,062,000 | 139,131,000 | 139,958,000 |
| Total capital | 148,176,000 | 149,978,000 | 151,268,000 | 152,400,000 |
| Risk-weighted assets | 1,225,296,000 | 1,246,003,000 | 1,232,308,000 | 1,222,320,000 |