Call reports 2023
PEOPLES SECURITY BANK AND TRUST COMPANY — 2023
What PEOPLES SECURITY BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,677,877,000 | 3,681,250,000 | 3,825,312,000 | 3,741,927,000 |
| Total loans | 2,818,043,000 | 2,843,238,000 | 2,870,969,000 | 2,850,147,000 |
| Allowance for loan losses | 25,444,000 | 23,218,000 | 23,010,000 | 21,895,000 |
| Securities available for sale | 418,125,000 | 395,826,000 | 382,227,000 | 398,927,000 |
| Securities held to maturity | 89,705,000 | 88,211,000 | 86,246,000 | 84,851,000 |
| Trading assets | 18,963,000 | 22,065,000 | 26,740,000 | 19,833,000 |
| Total deposits | 3,237,952,000 | 3,231,213,000 | 3,365,291,000 | 3,279,226,000 |
| Interest-bearing deposits | 2,485,181,000 | 2,506,641,000 | 2,664,083,000 | 2,625,860,000 |
| Noninterest-bearing deposits | 752,771,000 | 724,572,000 | 701,208,000 | 653,366,000 |
| Equity capital | 359,297,000 | 362,040,000 | 357,119,000 | 372,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 34,347,000 | 71,204,000 | 110,031,000 | 150,165,000 |
| Interest expense | 10,722,000 | 24,920,000 | 41,964,000 | 61,324,000 |
| Net interest income | 23,625,000 | 46,284,000 | 68,067,000 | 88,841,000 |
| Noninterest income | 3,548,000 | 6,955,000 | 10,614,000 | 13,776,000 |
| Noninterest expense | 16,179,000 | 32,343,000 | 48,217,000 | 64,731,000 |
| Provision for loan losses | 1,264,000 | -937,000 | -1,103,000 | 566,000 |
| Pretax income | 9,811,000 | 21,914,000 | 31,648,000 | 37,401,000 |
| Income tax | 1,571,000 | 3,570,000 | 5,262,000 | 5,978,000 |
| Net income | 8,240,000 | 18,344,000 | 26,386,000 | 31,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 345,293,000 | 350,496,000 | 353,160,000 | 353,330,000 |
| Total capital | 370,737,000 | 373,807,000 | 376,251,000 | 375,268,000 |
| Risk-weighted assets | 2,766,491,000 | 2,748,570,000 | 2,690,477,000 | 2,656,901,000 |