EXHIBIT 13.3
Summarized Quarterly Financial Information
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First West Virginia Bancorp, Inc.
Summarized Quarterly Financial Information
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A summary of selected quarterly financial information follows:
First Second Third
2001 Quarter Quarter Quarter
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Total interest income $3,780,886 $3,790,938 $3,672,678
Total interest expense 1,792,532 1,675,215 1,592,311
Net interest income 1,988,354 2,115,723 2,080,367
Provision for loan losses 141,000 141,000 141,000
Investment Securities Gain (Loss) 1,647 6,244 -
Total other income 205,944 243,005 257,633
Total other expenses 1,216,328 1,376,815 1,302,088
Income before income taxes 838,617 847,157 894,912
Net income 582,165 603,218 638,858
Net income per share .38 .39 .42
First Second Third Fourth
2000 Quarter Quarter Quarter Quarter
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Total interest income $3,497,338 $3,652,438 $3,830,686 $3,888,939
Total interest expense 1,592,567 1,717,471 1,880,663 1,964,826
Net interest income 1,904,771 1,934,967 1,950,023 1,924,113
Provision for loan losses 97,500 97,500 100,500 141,000
Investment Securities Gain (Loss) 23,443 -- -- 4
Total other income 207,183 191,360 231,450 226,688
Total other expenses 1,227,411 1,204,469 1,204,439 1,179,994
Income before income taxes 810,486 824,358 876,534 829,811
Net income 559,543 584,860 603,940 577,563
Net income per share (1) .36 .38 .39 .38
First Second Third Fourth
1999 Quarter Quarter Quarter Quarter
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Total interest income $3,117,090 $3,220,452 $3,455,711 $3,413,428
Total interest expense 1,321,239 1,340,768 1,440,894 1,499,061
Net interest income 1,795,851 1,879,684 2,014,817 1,914,367
Provision for loan losses 76,500 76,500 97,500 97,500
Investment Securities Gain (Loss) 9,153 3,312 54 (20)
Total other income 198,994 479,611 199,019 183,297
Total other expenses 1,133,286 1,177,455 1,284,423 1,145,078
Income before income taxes 794,212 1,108,652 831,967 855,066
Net income 548,216 744,190 566,517 591,458
Net income per share (1) .36 .48 .37 .38
(1) Adjusted for the 2 percent common stock dividend to stockholders of record
as of December 1, 2000 and a 6 for 5 stock split in the effect of a twenty
(20) percent common stock dividend, declared October 12, 1999 to
shareholders of record as of November 1, 1999.