Call reports 2024
PIEDMONT FEDERAL SAVINGS BANK — 2024
What PIEDMONT FEDERAL SAVINGS 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 | 1,310,466,000 | 1,320,590,000 | 1,288,372,000 | 1,281,710,000 |
| Total loans | 775,636,000 | 787,088,000 | 804,554,000 | 828,548,000 |
| Allowance for loan losses | 6,214,000 | 6,096,000 | 6,163,000 | 6,363,000 |
| Securities available for sale | 293,973,000 | 279,908,000 | 275,791,000 | 230,212,000 |
| Securities held to maturity | 28,778,000 | 27,582,000 | 26,492,000 | 22,449,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 926,750,000 | 941,972,000 | 937,700,000 | 936,474,000 |
| Interest-bearing deposits | 899,546,000 | 905,131,000 | 914,087,000 | 904,022,000 |
| Noninterest-bearing deposits | 27,204,000 | 36,841,000 | 23,613,000 | 32,452,000 |
| Equity capital | 229,041,000 | 228,465,000 | 234,222,000 | 230,167,000 |
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 | 13,594,000 | 27,772,000 | 42,153,000 | 55,498,000 |
| Interest expense | 8,222,000 | 16,784,000 | 25,433,000 | 33,051,000 |
| Net interest income | 5,372,000 | 10,988,000 | 16,720,000 | 22,447,000 |
| Noninterest income | 552,000 | 1,232,000 | 2,081,000 | 3,011,000 |
| Noninterest expense | 8,187,000 | 14,273,000 | 20,564,000 | 26,874,000 |
| Provision for loan losses | 860,000 | 910,000 | 985,000 | 1,185,000 |
| Pretax income | -3,417,000 | -3,253,000 | -3,028,000 | -2,879,000 |
| Income tax | -618,000 | -657,000 | -682,000 | -806,000 |
| Net income | -2,799,000 | -2,596,000 | -2,346,000 | -2,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 242,486,000 | 242,773,000 | 243,008,000 | 243,370,000 |