Call reports 2024
PEOPLESSOUTH BANK — 2024
What PEOPLESSOUTH BANK 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 | 1,100,857,000 | 1,117,623,000 | 1,142,551,000 | 1,109,001,000 |
| Total loans | 714,395,000 | 749,498,000 | 774,346,000 | 765,173,000 |
| Allowance for loan losses | 10,883,000 | 10,530,000 | 10,415,000 | 10,035,000 |
| Securities available for sale | 267,728,000 | 269,232,000 | 281,114,000 | 264,375,000 |
| Securities held to maturity | 795,000 | 750,000 | 649,000 | 604,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,049,989,000 | 1,058,564,000 | 1,066,539,000 | 1,051,782,000 |
| Interest-bearing deposits | 817,122,000 | 831,824,000 | 846,069,000 | 828,147,000 |
| Noninterest-bearing deposits | 232,867,000 | 226,740,000 | 220,470,000 | 223,635,000 |
| Equity capital | 44,521,000 | 50,963,000 | 65,008,000 | 50,711,000 |
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 | 15,062,000 | 30,276,000 | 46,489,000 | 62,578,000 |
| Interest expense | 5,778,000 | 11,703,000 | 18,104,000 | 24,060,000 |
| Net interest income | 9,284,000 | 18,573,000 | 28,385,000 | 38,518,000 |
| Noninterest income | 975,000 | 1,912,000 | 2,897,000 | 3,565,000 |
| Noninterest expense | 6,390,000 | 11,308,000 | 17,981,000 | 24,719,000 |
| Provision for loan losses | 0 | 0 | 0 | 428,000 |
| Pretax income | 3,869,000 | 8,303,000 | 12,828,000 | 16,784,000 |
| Income tax | 920,000 | 1,958,000 | 3,107,000 | 4,224,000 |
| Net income | 2,949,000 | 6,345,000 | 9,721,000 | 12,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,706,000 | 112,107,000 | 115,494,000 | 111,905,000 |