Call reports 2020
PITNEY BOWES BANK INC., THE — 2020
What PITNEY BOWES BANK INC., 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 | 740,091,000 | 778,537,000 | 777,506,000 | 769,474,000 |
| Total loans | 235,765,000 | 206,100,000 | 215,100,000 | 219,631,000 |
| Allowance for loan losses | 4,350,000 | 5,881,000 | 5,949,000 | 5,963,000 |
| Securities available for sale | 404,249,000 | 233,042,000 | 377,969,000 | 309,069,000 |
| Securities held to maturity | 2,369,000 | 2,447,000 | 2,205,000 | 2,339,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 619,477,000 | 640,168,000 | 639,466,000 | 650,727,000 |
| Interest-bearing deposits | 579,335,000 | 597,828,000 | 602,227,000 | 596,955,000 |
| Noninterest-bearing deposits | 40,142,000 | 42,340,000 | 37,239,000 | 53,772,000 |
| Equity capital | 78,166,000 | 80,436,000 | 72,742,000 | 73,446,000 |
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 | 18,328,000 | 33,786,000 | 48,498,000 | 63,901,000 |
| Interest expense | 339,000 | 699,000 | 1,077,000 | 1,560,000 |
| Net interest income | 17,989,000 | 33,087,000 | 47,421,000 | 62,341,000 |
| Noninterest income | 4,703,000 | 9,529,000 | 14,382,000 | 18,963,000 |
| Noninterest expense | 1,200,000 | 2,649,000 | 3,972,000 | 4,975,000 |
| Provision for loan losses | 1,184,000 | 4,226,000 | 6,072,000 | 7,365,000 |
| Pretax income | 20,645,000 | 39,312,000 | 61,858,000 | 79,126,000 |
| Income tax | 3,183,000 | 7,560,000 | 12,846,000 | 16,518,000 |
| Net income | 17,462,000 | 31,752,000 | 49,012,000 | 62,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,255,000 | 75,059,000 | 75,510,000 | 73,168,000 |