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
1997 Quarter
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Total interest income $ 2,698,339
Total interest expense 1,087,969
Net interest income 1,610,370
Provision for loan losses 25,500
Investment Securities gain (loss) --
Total other income 168,034
Total other expenses 1,038,815
Income before income taxes 714,089
Net income 476,607
Net income per share (1) .59
First Second Third Fourth
1996 Quarter Quarter Quarter Quarter
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Total interest income $ 2,372,377 $ 2,473,455 $ 2,556,220 $ 2,665,006
Total interest expense 916,012 958,753 993,702 1,056,942
Net interest income 1,456,365 1,514,702 1,562,518 1,608,064
Provision for loan losses 14,400 14,400 16,800 25,000
Investment Securities gain (loss) (1,050) 339 -- --
Total other income 132,621 138,237 145,438 134,492
Total other expenses 1,012,897 1,035,391 1,034,833 1,080,858
Income before income taxes 560,639 603,487 656,323 636,698
Net income 374,361 405,277 435,046 429,310
Net income per share (1) .47 .50 .54 .53
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 gain (loss) -- 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) .36 .44 .52 .50
(1) Adjusted for the 4 percent common stock dividend to stockholders of
record as of December 2, 1996, a 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.