Call reports 2021
PEOPLES BANK OF EAST TENNESSEE — 2021
What PEOPLES BANK OF EAST TENNESSEE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 305,724,000 | 325,725,000 | 347,887,000 | 359,686,000 |
| Total loans | 192,182,000 | 215,725,000 | 213,687,000 | 196,732,000 |
| Allowance for loan losses | 1,914,000 | 1,955,000 | 1,990,000 | 2,141,000 |
| Securities available for sale | 46,776,000 | 53,455,000 | 55,920,000 | 76,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,423,000 | 287,762,000 | 308,138,000 | 321,718,000 |
| Interest-bearing deposits | 176,682,000 | 187,552,000 | 199,959,000 | 207,854,000 |
| Noninterest-bearing deposits | 94,741,000 | 100,210,000 | 108,179,000 | 113,864,000 |
| Equity capital | 30,175,000 | 31,241,000 | 32,427,000 | 34,685,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,906,000 | 6,038,000 | 9,798,000 | 15,246,000 |
| Interest expense | 177,000 | 357,000 | 542,000 | 728,000 |
| Net interest income | 2,729,000 | 5,681,000 | 9,256,000 | 14,518,000 |
| Noninterest income | 552,000 | 1,076,000 | 1,824,000 | 2,547,000 |
| Noninterest expense | 2,209,000 | 4,485,000 | 7,121,000 | 9,944,000 |
| Provision for loan losses | 55,000 | 255,000 | 280,000 | 460,000 |
| Pretax income | 1,029,000 | 2,131,000 | 3,829,000 | 6,811,000 |
| Income tax | 224,000 | 448,000 | 831,000 | 1,298,000 |
| Net income | 805,000 | 1,683,000 | 2,998,000 | 5,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,157,000 | 30,050,000 | 31,380,000 | 33,894,000 |