Call reports 2020
PEOPLES EXCHANGE BANK — 2020
What PEOPLES EXCHANGE 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 | 69,958,000 | 82,026,000 | 82,010,000 | 83,377,000 |
| Total loans | 49,649,000 | 49,811,000 | 48,056,000 | 48,104,000 |
| Allowance for loan losses | 502,000 | 498,000 | 499,000 | 574,000 |
| Securities available for sale | 10,466,000 | 11,560,000 | 17,970,000 | 20,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,654,000 | 70,768,000 | 70,574,000 | 72,060,000 |
| Interest-bearing deposits | 43,320,000 | 49,996,000 | 49,871,000 | 50,378,000 |
| Noninterest-bearing deposits | 16,334,000 | 20,772,000 | 20,703,000 | 21,682,000 |
| Equity capital | 10,109,000 | 11,022,000 | 11,118,000 | 11,178,000 |
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 | 905,000 | 1,866,000 | 2,732,000 | 3,605,000 |
| Interest expense | 119,000 | 221,000 | 325,000 | 422,000 |
| Net interest income | 786,000 | 1,645,000 | 2,407,000 | 3,183,000 |
| Noninterest income | 74,000 | 142,000 | 219,000 | 315,000 |
| Noninterest expense | 668,000 | 1,391,000 | 2,082,000 | 2,731,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 196,000 | 400,000 | 548,000 | 696,000 |
| Income tax | 47,000 | 96,000 | 163,000 | 204,000 |
| Net income | 149,000 | 304,000 | 385,000 | 492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,564,000 | 10,719,000 | 10,801,000 | 10,781,000 |