Call reports 2020
PIEDMONT BANK, THE — 2020
What PIEDMONT BANK, THE 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 | 1,050,569,000 | 1,311,078,000 | 1,367,661,000 | 1,369,330,000 |
| Total loans | 852,054,000 | 1,024,114,000 | 1,064,803,000 | 1,016,995,000 |
| Allowance for loan losses | 7,668,000 | 9,722,000 | 10,014,000 | 10,063,000 |
| Securities available for sale | 66,619,000 | 63,859,000 | 57,890,000 | 64,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 886,699,000 | 1,062,929,000 | 1,089,502,000 | 1,204,277,000 |
| Interest-bearing deposits | 675,274,000 | 712,239,000 | 762,362,000 | 839,698,000 |
| Noninterest-bearing deposits | 211,425,000 | 350,691,000 | 327,140,000 | 364,579,000 |
| Equity capital | 126,272,000 | 130,205,000 | 133,854,000 | 138,509,000 |
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 | 12,961,000 | 27,993,000 | 41,262,000 | 55,065,000 |
| Interest expense | 2,694,000 | 4,973,000 | 7,214,000 | 9,152,000 |
| Net interest income | 10,267,000 | 23,020,000 | 34,048,000 | 45,913,000 |
| Noninterest income | 600,000 | 1,382,000 | 2,503,000 | 3,598,000 |
| Noninterest expense | 5,637,000 | 11,908,000 | 18,233,000 | 25,144,000 |
| Provision for loan losses | 124,000 | 2,174,000 | 2,464,000 | 2,554,000 |
| Pretax income | 5,106,000 | 10,320,000 | 15,854,000 | 21,813,000 |
| Income tax | 1,225,000 | 2,518,000 | 3,870,000 | 5,356,000 |
| Net income | 3,881,000 | 7,802,000 | 11,984,000 | 16,457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,465,000 | 118,476,000 | 122,245,000 | 127,172,000 |
| Total capital | 122,133,000 | 128,198,000 | 132,259,000 | 137,235,000 |
| Risk-weighted assets | 938,223,000 | 945,038,000 | 979,271,000 | 999,631,000 |