Call reports 2023
PEOPLES STATE BANK OF VELVA — 2023
What PEOPLES STATE BANK OF VELVA 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 | 141,492,000 | 141,426,000 | 147,976,000 | 149,854,000 |
| Total loans | 101,471,000 | 103,893,000 | 107,543,000 | 105,672,000 |
| Allowance for loan losses | 1,889,000 | 1,466,000 | 1,625,000 | 1,606,000 |
| Securities available for sale | 29,038,000 | 28,781,000 | 28,986,000 | 29,377,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,153,000 | 125,802,000 | 129,907,000 | 132,673,000 |
| Interest-bearing deposits | 97,545,000 | 95,874,000 | 97,498,000 | 98,749,000 |
| Noninterest-bearing deposits | 31,608,000 | 29,928,000 | 32,409,000 | 33,924,000 |
| Equity capital | 11,963,000 | 12,006,000 | 12,075,000 | 14,170,000 |
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 | 1,752,000 | 3,448,000 | 5,324,000 | 7,307,000 |
| Interest expense | 325,000 | 757,000 | 1,385,000 | 2,034,000 |
| Net interest income | 1,427,000 | 2,691,000 | 3,939,000 | 5,273,000 |
| Noninterest income | 44,000 | 94,000 | 939,000 | 993,000 |
| Noninterest expense | 927,000 | 1,839,000 | 2,716,000 | 3,572,000 |
| Provision for loan losses | 0 | 0 | 150,000 | 300,000 |
| Pretax income | 556,000 | 962,000 | 2,032,000 | 2,151,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 556,000 | 962,000 | 2,032,000 | 2,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,610,000 | 13,956,000 | 14,911,000 | 14,970,000 |
| Total capital | 14,899,000 | 15,262,000 | 16,262,000 | 16,302,000 |
| Risk-weighted assets | 102,552,000 | 104,356,000 | 107,774,000 | 106,348,000 |