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
2002 Quarter Quarter
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Total interest income $ 3,442,323 3,659,721
Total interest expense 1,273,474 1,300,488
Net interest income 2,168,849 2,359,233
Provision for loan losses 150,000 150,000
Investment Securities Gain (Loss) 17,477 (4,974)
Total other income 229,059 241,130
Total other expenses 1,420,298 1,560,353
Income before income taxes 845,087 885,036
Net income 610,964 636,357
Net income per share .40 .41
First Second Third Fourth
2001 Quarter Quarter Quarter Quarter
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Total interest income $ 3,780,886 $ 3,790,938 $ 3,672,678 $ 3,527,709
Total interest expense 1,792,532 1,675,215 1,592,311 1,362,009
Net interest income 1,988,354 2,115,723 2,080,367 2,165,700
Provision for loan losses 141,000 141,000 141,000 150,000
Investment Securities Gain (Loss) 1,647 6,244 0 2
Total other income 205,944 243,005 257,633 227,535
Total other expenses 1,216,328 1,376,815 1,302,088 1,429,237
Income before income taxes 838,617 847,157 894,912 814,000
Net income 582,165 603,218 638,858 588,162
Net income per share .38 .39 .42 .38
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 0 0 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
(1) Adjusted for the 2 percent common stock dividend to stockholders of
record as of December 1, 2000.
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