Call reports 2021
PIEDMONT FEDERAL SAVINGS BANK — 2021
What PIEDMONT FEDERAL SAVINGS BANK 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 | 930,939,000 | 949,387,000 | 966,858,000 | 965,986,000 |
| Total loans | 576,512,000 | 586,566,000 | 590,936,000 | 616,508,000 |
| Allowance for loan losses | 1,585,000 | 1,635,000 | 1,650,000 | 1,850,000 |
| Securities available for sale | 170,299,000 | 180,277,000 | 200,425,000 | 204,523,000 |
| Securities held to maturity | 97,285,000 | 88,262,000 | 68,192,000 | 54,998,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 697,209,000 | 712,422,000 | 719,480,000 | 718,031,000 |
| Interest-bearing deposits | 688,196,000 | 701,098,000 | 707,760,000 | 711,900,000 |
| Noninterest-bearing deposits | 9,013,000 | 11,324,000 | 11,720,000 | 6,131,000 |
| Equity capital | 230,936,000 | 233,558,000 | 232,664,000 | 233,113,000 |
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 | 6,616,000 | 13,111,000 | 19,496,000 | 26,010,000 |
| Interest expense | 1,362,000 | 2,519,000 | 3,612,000 | 4,671,000 |
| Net interest income | 5,254,000 | 10,592,000 | 15,884,000 | 21,339,000 |
| Noninterest income | 327,000 | 647,000 | 920,000 | 1,260,000 |
| Noninterest expense | 4,845,000 | 9,866,000 | 14,885,000 | 20,179,000 |
| Provision for loan losses | 60,000 | 110,000 | 135,000 | 335,000 |
| Pretax income | 689,000 | 1,276,000 | 1,826,000 | 2,127,000 |
| Income tax | 87,000 | 148,000 | 196,000 | 213,000 |
| Net income | 602,000 | 1,128,000 | 1,630,000 | 1,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 234,648,000 | 236,070,000 | 235,676,000 | 235,960,000 |