Call reports 2023
PEOPLES EXCHANGE BANK — 2023
What PEOPLES EXCHANGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 96,476,000 | 97,067,000 | 96,348,000 | 98,099,000 |
| Total loans | 49,675,000 | 52,467,000 | 54,371,000 | 54,940,000 |
| Allowance for loan losses | 516,000 | 745,000 | 792,000 | 781,000 |
| Securities available for sale | 28,833,000 | 27,917,000 | 26,603,000 | 27,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,060,000 | 87,672,000 | 87,114,000 | 88,402,000 |
| Interest-bearing deposits | 57,835,000 | 60,481,000 | 62,474,000 | 61,034,000 |
| Noninterest-bearing deposits | 29,225,000 | 27,191,000 | 24,640,000 | 27,368,000 |
| Equity capital | 9,238,000 | 9,137,000 | 8,802,000 | 9,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,054,000 | 2,254,000 | 3,454,000 | 4,674,000 |
| Interest expense | 201,000 | 447,000 | 763,000 | 1,175,000 |
| Net interest income | 853,000 | 1,807,000 | 2,691,000 | 3,499,000 |
| Noninterest income | 106,000 | 196,000 | 275,000 | 360,000 |
| Noninterest expense | 743,000 | 1,445,000 | 2,219,000 | 2,993,000 |
| Provision for loan losses | 0 | 0 | 41,000 | 68,000 |
| Pretax income | 212,000 | 554,000 | 702,000 | 794,000 |
| Income tax | 44,000 | 88,000 | 131,000 | 175,000 |
| Net income | 168,000 | 466,000 | 571,000 | 619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,989,000 | 12,036,000 | 12,142,000 | 11,999,000 |