Call reports 2024
OLD POINT NATIONAL BANK OF PHOEBUS, THE — 2024
What OLD POINT NATIONAL BANK OF PHOEBUS, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,436,417,000 | 1,414,168,000 | 1,468,349,000 | 1,444,009,000 |
| Total loans | 1,067,902,000 | 1,054,602,000 | 1,025,712,000 | 1,010,160,000 |
| Allowance for loan losses | 11,948,000 | 11,828,000 | 11,700,000 | 11,447,000 |
| Securities available for sale | 193,126,000 | 188,652,000 | 189,881,000 | 214,137,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,652,000 | 1,724,000 | 988,000 | 1,603,000 |
| Total deposits | 1,231,792,000 | 1,240,293,000 | 1,283,627,000 | 1,260,261,000 |
| Interest-bearing deposits | 873,129,000 | 876,279,000 | 929,667,000 | 899,873,000 |
| Noninterest-bearing deposits | 358,663,000 | 364,014,000 | 353,960,000 | 360,388,000 |
| Equity capital | 126,041,000 | 128,436,000 | 136,377,000 | 134,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 17,341,000 | 35,410,000 | 53,874,000 | 72,209,000 |
| Interest expense | 5,549,000 | 11,255,000 | 17,170,000 | 23,008,000 |
| Net interest income | 11,792,000 | 24,155,000 | 36,704,000 | 49,201,000 |
| Noninterest income | 1,834,000 | 3,956,000 | 6,100,000 | 7,934,000 |
| Noninterest expense | 11,125,000 | 21,970,000 | 32,809,000 | 43,476,000 |
| Provision for loan losses | 78,000 | 269,000 | 611,000 | 765,000 |
| Pretax income | 2,421,000 | 5,800,000 | 9,372,000 | 12,946,000 |
| Income tax | 353,000 | 905,000 | 1,725,000 | 2,193,000 |
| Net income | 2,068,000 | 4,895,000 | 7,647,000 | 10,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,237,000 | 143,168,000 | 147,212,000 | 149,079,000 |
| Total capital | 153,422,000 | 155,305,000 | 159,160,000 | 160,710,000 |
| Risk-weighted assets | 1,205,524,000 | 1,183,440,000 | 1,153,680,000 | 1,149,515,000 |