Call reports 2020
PIEDMONT FEDERAL SAVINGS BANK — 2020
What PIEDMONT FEDERAL SAVINGS BANK 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 | 878,124,000 | 892,839,000 | 903,131,000 | 918,090,000 |
| Total loans | 517,896,000 | 554,249,000 | 568,221,000 | 564,600,000 |
| Allowance for loan losses | 1,100,000 | 1,350,000 | 1,400,000 | 1,525,000 |
| Securities available for sale | 52,486,000 | 69,488,000 | 115,189,000 | 146,117,000 |
| Securities held to maturity | 156,105,000 | 128,157,000 | 119,185,000 | 104,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 642,258,000 | 656,618,000 | 665,596,000 | 681,434,000 |
| Interest-bearing deposits | 636,770,000 | 649,184,000 | 657,401,000 | 674,202,000 |
| Noninterest-bearing deposits | 5,488,000 | 7,434,000 | 8,195,000 | 7,232,000 |
| Equity capital | 232,642,000 | 232,642,000 | 233,196,000 | 234,452,000 |
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 | 6,665,000 | 12,970,000 | 19,577,000 | 26,556,000 |
| Interest expense | 1,981,000 | 3,850,000 | 5,516,000 | 7,069,000 |
| Net interest income | 4,684,000 | 9,120,000 | 14,061,000 | 19,487,000 |
| Noninterest income | 193,000 | 534,000 | 840,000 | 1,150,000 |
| Noninterest expense | 4,666,000 | 9,172,000 | 13,941,000 | 18,811,000 |
| Provision for loan losses | 65,000 | 315,000 | 365,000 | 490,000 |
| Pretax income | 146,000 | 316,000 | 744,000 | 1,485,000 |
| Income tax | 22,000 | 48,000 | 75,000 | 176,000 |
| Net income | 124,000 | 268,000 | 669,000 | 1,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 232,861,000 | 233,005,000 | 233,405,000 | 234,046,000 |