Call reports 2023
PIEDMONT BANK, THE — 2023
What PIEDMONT BANK, THE 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 | 1,892,976,000 | 1,896,302,000 | 1,925,512,000 | 2,052,593,000 |
| Total loans | 1,508,506,000 | 1,498,955,000 | 1,544,412,000 | 1,648,254,000 |
| Allowance for loan losses | 14,515,000 | 14,573,000 | 14,975,000 | 15,874,000 |
| Securities available for sale | 89,189,000 | 86,452,000 | 80,709,000 | 64,916,000 |
| Securities held to maturity | 52,563,000 | 51,563,000 | 50,564,000 | 49,630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,654,395,000 | 1,653,902,000 | 1,702,573,000 | 1,787,893,000 |
| Interest-bearing deposits | 1,161,839,000 | 1,170,924,000 | 1,221,943,000 | 1,352,265,000 |
| Noninterest-bearing deposits | 492,556,000 | 482,978,000 | 480,630,000 | 435,628,000 |
| Equity capital | 198,407,000 | 204,103,000 | 202,122,000 | 213,005,000 |
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 | 25,650,000 | 52,412,000 | 80,730,000 | 110,541,000 |
| Interest expense | 4,406,000 | 11,493,000 | 20,633,000 | 31,357,000 |
| Net interest income | 21,244,000 | 40,919,000 | 60,097,000 | 79,184,000 |
| Noninterest income | 865,000 | 2,414,000 | 3,707,000 | 7,977,000 |
| Noninterest expense | 10,866,000 | 21,595,000 | 32,359,000 | 43,725,000 |
| Provision for loan losses | 557,000 | 613,000 | 1,032,000 | 2,065,000 |
| Pretax income | 10,687,000 | 20,825,000 | 30,113,000 | 38,349,000 |
| Income tax | 2,532,000 | 4,925,000 | 7,122,000 | 9,118,000 |
| Net income | 8,155,000 | 15,900,000 | 22,991,000 | 29,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 193,767,000 | 200,337,000 | 200,752,000 | 206,072,000 |
| Total capital | 209,380,000 | 216,308,000 | 217,125,000 | 222,796,000 |
| Risk-weighted assets | 1,614,457,000 | 1,642,994,000 | 1,696,810,000 | 1,792,351,000 |