Call reports 2014
PITNEY BOWES BANK INC., THE — 2014
What PITNEY BOWES BANK INC., THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 745,188,000 | 763,732,000 | 748,606,000 | 750,761,000 |
| Total loans | 352,508,000 | 347,275,000 | 351,124,000 | 344,798,000 |
| Allowance for loan losses | 7,782,000 | 7,216,000 | 7,240,000 | 7,023,000 |
| Securities available for sale | 341,786,000 | 368,905,000 | 356,538,000 | 368,385,000 |
| Securities held to maturity | 2,735,000 | 2,730,000 | 2,169,000 | 2,028,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 606,501,000 | 616,300,000 | 601,689,000 | 602,169,000 |
| Interest-bearing deposits | 551,860,000 | 564,992,000 | 556,493,000 | 557,091,000 |
| Noninterest-bearing deposits | 54,641,000 | 51,308,000 | 45,196,000 | 45,078,000 |
| Equity capital | 63,187,000 | 81,729,000 | 82,585,000 | 89,590,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 24,200,000 | 45,018,000 | 67,303,000 | 91,041,000 |
| Interest expense | 215,000 | 436,000 | 640,000 | 826,000 |
| Net interest income | 23,985,000 | 44,582,000 | 66,663,000 | 90,215,000 |
| Noninterest income | 7,136,000 | 14,296,000 | 21,140,000 | 27,873,000 |
| Noninterest expense | 766,000 | 1,588,000 | 2,535,000 | 3,369,000 |
| Provision for loan losses | 1,224,000 | 1,800,000 | 3,943,000 | 5,263,000 |
| Pretax income | 28,372,000 | 55,097,000 | 81,126,000 | 109,140,000 |
| Income tax | 10,488,000 | 20,919,000 | 30,734,000 | 39,638,000 |
| Net income | 17,884,000 | 34,178,000 | 50,392,000 | 69,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,524,000 | 79,334,000 | 81,113,000 | 86,647,000 |
| Total capital | 68,072,000 | 85,016,000 | 86,821,000 | 92,308,000 |
| Risk-weighted assets | 441,626,000 | 453,009,000 | 455,128,000 | 451,403,000 |