Call reports 2024
PEOPLES EXCHANGE BANK — 2024
What PEOPLES EXCHANGE 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 | 96,072,000 | 97,619,000 | 98,905,000 | 93,855,000 |
| Total loans | 56,176,000 | 59,071,000 | 58,830,000 | 55,519,000 |
| Allowance for loan losses | 762,000 | 767,000 | 761,000 | 724,000 |
| Securities available for sale | 26,324,000 | 25,730,000 | 25,833,000 | 24,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,306,000 | 87,671,000 | 88,137,000 | 83,654,000 |
| Interest-bearing deposits | 60,288,000 | 63,293,000 | 64,282,000 | 60,327,000 |
| Noninterest-bearing deposits | 26,018,000 | 24,378,000 | 23,855,000 | 23,327,000 |
| Equity capital | 9,391,000 | 9,590,000 | 10,268,000 | 9,688,000 |
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 | 1,274,000 | 2,549,000 | 3,863,000 | 5,223,000 |
| Interest expense | 443,000 | 905,000 | 1,394,000 | 1,825,000 |
| Net interest income | 831,000 | 1,644,000 | 2,469,000 | 3,398,000 |
| Noninterest income | 97,000 | 200,000 | 291,000 | 386,000 |
| Noninterest expense | 810,000 | 1,605,000 | 2,416,000 | 3,186,000 |
| Provision for loan losses | 16,000 | 16,000 | 16,000 | 16,000 |
| Pretax income | 102,000 | 223,000 | 316,000 | 570,000 |
| Income tax | 44,000 | 88,000 | 134,000 | 178,000 |
| Net income | 58,000 | 135,000 | 182,000 | 392,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,058,000 | 12,134,000 | 12,181,000 | 12,201,000 |