Call reports 2020
PEOPLES BANK OF EAST TENNESSEE — 2020
What PEOPLES BANK OF EAST TENNESSEE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 234,646,000 | 260,486,000 | 273,458,000 | 287,265,000 |
| Total loans | 169,600,000 | 179,286,000 | 183,433,000 | 180,103,000 |
| Allowance for loan losses | 1,700,000 | 1,785,000 | 1,853,000 | 1,973,000 |
| Securities available for sale | 34,432,000 | 37,056,000 | 38,816,000 | 43,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,475,000 | 228,833,000 | 239,485,000 | 252,670,000 |
| Interest-bearing deposits | 140,820,000 | 149,617,000 | 154,216,000 | 166,185,000 |
| Noninterest-bearing deposits | 65,655,000 | 79,216,000 | 85,269,000 | 86,485,000 |
| Equity capital | 25,748,000 | 28,319,000 | 29,042,000 | 29,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,811,000 | 5,545,000 | 8,329,000 | 11,243,000 |
| Interest expense | 182,000 | 366,000 | 547,000 | 728,000 |
| Net interest income | 2,629,000 | 5,179,000 | 7,782,000 | 10,515,000 |
| Noninterest income | 586,000 | 1,059,000 | 1,624,000 | 2,175,000 |
| Noninterest expense | 2,059,000 | 4,072,000 | 6,206,000 | 8,545,000 |
| Provision for loan losses | 160,000 | 254,000 | 362,000 | 527,000 |
| Pretax income | 996,000 | 1,912,000 | 2,838,000 | 3,618,000 |
| Income tax | 181,000 | 341,000 | 505,000 | 627,000 |
| Net income | 815,000 | 1,571,000 | 2,333,000 | 2,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,217,000 | 26,989,000 | 27,666,000 | 28,337,000 |