Call reports 2024
PITNEY BOWES BANK INC., THE — 2024
What PITNEY BOWES BANK INC., 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 | 849,897,000 | 899,336,000 | 889,011,000 | 851,731,000 |
| Total loans | 341,418,000 | 342,229,000 | 343,900,000 | 370,059,000 |
| Allowance for loan losses | 7,448,000 | 8,165,000 | 7,859,000 | 7,636,000 |
| Securities available for sale | 190,982,000 | 182,291,000 | 183,965,000 | 156,366,000 |
| Securities held to maturity | 4,880,000 | 4,878,000 | 4,835,000 | 6,569,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 712,283,000 | 741,561,000 | 754,769,000 | 731,792,000 |
| Interest-bearing deposits | 639,296,000 | 668,148,000 | 696,391,000 | 674,003,000 |
| Noninterest-bearing deposits | 72,987,000 | 73,413,000 | 58,378,000 | 57,789,000 |
| Equity capital | 57,115,000 | 58,772,000 | 65,875,000 | 64,409,000 |
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 | 16,701,000 | 33,203,000 | 50,081,000 | 66,813,000 |
| Interest expense | 1,358,000 | 2,765,000 | 4,364,000 | 5,881,000 |
| Net interest income | 15,343,000 | 30,438,000 | 45,717,000 | 60,932,000 |
| Noninterest income | 6,466,000 | 13,856,000 | 21,218,000 | 29,232,000 |
| Noninterest expense | 2,781,000 | 5,126,000 | 10,155,000 | 14,145,000 |
| Provision for loan losses | 895,000 | 2,798,000 | 3,580,000 | 5,098,000 |
| Pretax income | 17,485,000 | 35,235,000 | 51,427,000 | 66,070,000 |
| Income tax | 4,185,000 | 8,414,000 | 12,033,000 | 15,535,000 |
| Net income | 13,300,000 | 26,821,000 | 39,394,000 | 50,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,585,000 | 93,268,000 | 93,050,000 | 94,046,000 |