Call reports 2024
PEOPLES STATE BANK OF VELVA — 2024
What PEOPLES STATE BANK OF VELVA 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 | 147,005,000 | 153,363,000 | 160,309,000 | 161,658,000 |
| Total loans | 103,644,000 | 110,163,000 | 114,438,000 | 112,708,000 |
| Allowance for loan losses | 1,630,000 | 1,693,000 | 1,742,000 | 1,846,000 |
| Securities available for sale | 30,919,000 | 31,589,000 | 32,318,000 | 34,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,302,000 | 134,842,000 | 140,860,000 | 142,903,000 |
| Interest-bearing deposits | 99,184,000 | 101,969,000 | 109,483,000 | 109,324,000 |
| Noninterest-bearing deposits | 29,118,000 | 32,873,000 | 31,377,000 | 33,579,000 |
| Equity capital | 13,984,000 | 13,366,000 | 14,147,000 | 13,681,000 |
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 | 1,907,000 | 3,930,000 | 6,146,000 | 8,423,000 |
| Interest expense | 729,000 | 1,557,000 | 2,440,000 | 3,306,000 |
| Net interest income | 1,178,000 | 2,373,000 | 3,706,000 | 5,117,000 |
| Noninterest income | 51,000 | 103,000 | 138,000 | 197,000 |
| Noninterest expense | 869,000 | 1,774,000 | 2,701,000 | 3,705,000 |
| Provision for loan losses | 0 | 59,000 | 109,000 | 183,000 |
| Pretax income | 362,000 | 628,000 | 1,027,000 | 1,408,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 362,000 | 628,000 | 1,027,000 | 1,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,095,000 | 14,589,000 | 14,750,000 | 15,071,000 |
| Total capital | 16,422,000 | 15,962,000 | 16,203,000 | 16,515,000 |
| Risk-weighted assets | 105,869,000 | 109,572,000 | 115,967,000 | 115,156,000 |