EXHIBIT 13.3
Summarized Quarterly Financial Information
35
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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
1996 Quarter Quarter Quarter
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Total interest income $2,372,377 $ 2,473,455 $ 2,556,220
Total interest expense 916,012 958,753 993,702
Net interest income 1,456,365 1,514,702 1,562,518
Provision for loan losses 14,400 14,400 16,800
Investment Securities Gain (Loss) (1,050) 339 --
Total other income 132,621 138,237 145,438
Total other expenses 1,012,897 1,035,391 1,034,833
Income before income taxes 560,639 603,487 656,323
Net income 374,361 405,277 435,046
Net income per share (1) .48 .52 .56
First Second Third Fourth
1995 Quarter Quarter Quarter Quarter
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Total interest income $ 2,064,169 $ 2,194,348 $ 2,312,087 $ 2,366,105
Total interest expense 760,643 848,967 902,119 909,099
Net interest income 1,303,526 1,345,381 1,409,968 1,457,006
Provision for loan losses 29,400 13,400 3,800 3,000
Investment Securities Gains -- 65,475 -- 104,600
Total other income 158,872 121,699 150,440 118,641
Total other expenses 998,290 982,420 915,201 1,092,523
Income before income taxes 434,708 536,735 641,407 584,724
Net income 294,323 358,502 418,489 399,033
Net income per share (1) 0.38 0.46 0.54 0.52
First Second Third Fourth
1994 Quarter Quarter Quarter Quarter
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Total interest income $ 1,915,105 $ 1,921,166 $ 1,960,923 $ 1,985,852
Total interest expense 716,662 709,533 717,420 724,757
Net interest income 1,198,443 1,211,633 1,243,503 1,261,095
Provision for loan losses 35,400 35,400 3,000 3,000
Investment Securities Gains 136,021 -- -- 313
Total other income 213,309 117,207 145,119 112,736
Total other expenses 871,717 894,519 884,372 990,393
Income before income taxes 640,656 398,921 501,250 380,751
Net income 420,195 271,489 328,885 267,144
Net income per share (1) 0.54 0.35 0.42 0.35
(1) Adjusted for the 2 percent common stock dividend to stockholders of
record as of December 1, 1995 and the two-for-one stock split effective
April 15, 1994.
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