Call reports 2023
PITNEY BOWES BANK INC., THE — 2023
What PITNEY BOWES BANK INC., 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 | 725,714,000 | 823,387,000 | 867,476,000 | 870,647,000 |
| Total loans | 291,393,000 | 298,582,000 | 305,730,000 | 340,489,000 |
| Allowance for loan losses | 5,642,000 | 6,393,000 | 6,756,000 | 7,429,000 |
| Securities available for sale | 208,165,000 | 203,404,000 | 191,217,000 | 202,260,000 |
| Securities held to maturity | 3,211,000 | 4,947,000 | 4,922,000 | 4,899,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 619,582,000 | 701,276,000 | 740,279,000 | 741,420,000 |
| Interest-bearing deposits | 537,766,000 | 623,714,000 | 668,695,000 | 675,896,000 |
| Noninterest-bearing deposits | 81,816,000 | 77,562,000 | 71,584,000 | 65,524,000 |
| Equity capital | 44,538,000 | 45,188,000 | 41,210,000 | 55,872,000 |
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 | 12,923,000 | 25,995,000 | 41,445,000 | 57,566,000 |
| Interest expense | 352,000 | 938,000 | 2,031,000 | 3,412,000 |
| Net interest income | 12,571,000 | 25,057,000 | 39,414,000 | 54,154,000 |
| Noninterest income | 7,269,000 | 14,121,000 | 20,621,000 | 27,338,000 |
| Noninterest expense | 2,344,000 | 4,698,000 | 7,125,000 | 9,686,000 |
| Provision for loan losses | 1,181,000 | 3,050,000 | 3,997,000 | 6,181,000 |
| Pretax income | 16,325,000 | 31,439,000 | 48,902,000 | 65,614,000 |
| Income tax | 3,906,000 | 7,520,000 | 11,774,000 | 15,830,000 |
| Net income | 12,419,000 | 23,919,000 | 37,128,000 | 49,784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,746,000 | 82,717,000 | 85,021,000 | 89,375,000 |