Call reports 2024
PIEDMONT BANK, THE — 2024
What PIEDMONT BANK, THE 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 | 2,079,824,000 | 2,116,307,000 | 2,237,683,000 | 2,401,362,000 |
| Total loans | 1,685,502,000 | 1,795,140,000 | 1,900,401,000 | 2,088,891,000 |
| Allowance for loan losses | 16,203,000 | 16,734,000 | 17,243,000 | 17,731,000 |
| Securities available for sale | 62,777,000 | 61,914,000 | 62,934,000 | 58,757,000 |
| Securities held to maturity | 48,771,000 | 47,740,000 | 46,684,000 | 45,697,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,836,859,000 | 1,870,766,000 | 1,984,881,000 | 2,142,805,000 |
| Interest-bearing deposits | 1,430,870,000 | 1,479,444,000 | 1,567,248,000 | 1,746,072,000 |
| Noninterest-bearing deposits | 405,989,000 | 391,322,000 | 417,633,000 | 396,733,000 |
| Equity capital | 218,650,000 | 222,942,000 | 228,028,000 | 232,456,000 |
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 | 31,942,000 | 65,898,000 | 102,349,000 | 140,784,000 |
| Interest expense | 12,012,000 | 25,267,000 | 39,890,000 | 55,208,000 |
| Net interest income | 19,930,000 | 40,631,000 | 62,459,000 | 85,576,000 |
| Noninterest income | 1,711,000 | 3,192,000 | 4,413,000 | 5,331,000 |
| Noninterest expense | 12,069,000 | 25,311,000 | 39,845,000 | 54,659,000 |
| Provision for loan losses | 486,000 | 972,000 | 1,458,000 | 1,944,000 |
| Pretax income | 9,011,000 | 17,390,000 | 25,344,000 | 34,004,000 |
| Income tax | 2,054,000 | 3,954,000 | 6,080,000 | 8,508,000 |
| Net income | 6,957,000 | 13,436,000 | 19,264,000 | 25,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 212,629,000 | 216,700,000 | 220,083,000 | 226,804,000 |
| Total capital | 229,756,000 | 234,434,000 | 238,401,000 | 245,685,000 |
| Risk-weighted assets | 1,838,763,000 | 1,950,191,000 | 2,049,214,000 | 2,208,004,000 |