Call reports 2024
PEOPLES STATE BANK OF WELLS — 2024
What PEOPLES STATE BANK OF WELLS reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 65,282,000 | 62,341,000 | 60,519,000 | 61,904,000 |
| Total loans | 40,817,000 | 41,272,000 | 40,857,000 | 41,271,000 |
| Allowance for loan losses | 524,000 | 524,000 | 524,000 | 524,000 |
| Securities available for sale | 13,043,000 | 12,298,000 | 12,523,000 | 12,288,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,484,000 | 53,425,000 | 52,215,000 | 54,531,000 |
| Interest-bearing deposits | 43,281,000 | 41,595,000 | 40,087,000 | 39,941,000 |
| Noninterest-bearing deposits | 13,203,000 | 11,830,000 | 12,128,000 | 14,590,000 |
| Equity capital | 5,819,000 | 5,909,000 | 6,392,000 | 6,260,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 715,000 | 1,448,000 | 2,169,000 | 2,874,000 |
| Interest expense | 193,000 | 411,000 | 628,000 | 835,000 |
| Net interest income | 522,000 | 1,037,000 | 1,541,000 | 2,039,000 |
| Noninterest income | 21,000 | 35,000 | 51,000 | 67,000 |
| Noninterest expense | 301,000 | 612,000 | 925,000 | 1,296,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 244,000 | 453,000 | 665,000 | 813,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 244,000 | 453,000 | 665,000 | 813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,222,000 | 6,310,000 | 6,427,000 | 6,519,000 |
| Total capital | 6,746,000 | 6,834,000 | 6,951,000 | 7,043,000 |
| Risk-weighted assets | 43,948,000 | 44,367,000 | 43,833,000 | 44,034,000 |