Call reports 2023
PIERMONT BANK — 2023
What PIERMONT BANK 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 | 557,197,000 | 535,561,000 | 559,421,000 | 578,346,000 |
| Total loans | 344,621,000 | 350,889,000 | 356,832,000 | 356,192,000 |
| Allowance for loan losses | 4,624,000 | 4,687,000 | 4,657,000 | 4,721,000 |
| Securities available for sale | 79,417,000 | 75,892,000 | 71,061,000 | 72,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,211,000 | 409,473,000 | 440,247,000 | 451,400,000 |
| Interest-bearing deposits | 304,578,000 | 268,801,000 | 301,665,000 | 360,786,000 |
| Noninterest-bearing deposits | 133,633,000 | 140,672,000 | 138,582,000 | 90,614,000 |
| Equity capital | 66,388,000 | 66,465,000 | 65,158,000 | 68,335,000 |
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 | 5,923,000 | 13,151,000 | 20,369,000 | 28,177,000 |
| Interest expense | 2,734,000 | 6,014,000 | 9,520,000 | 13,523,000 |
| Net interest income | 3,189,000 | 7,137,000 | 10,849,000 | 14,654,000 |
| Noninterest income | 912,000 | 1,843,000 | 2,870,000 | 4,015,000 |
| Noninterest expense | 4,344,000 | 8,848,000 | 13,672,000 | 17,971,000 |
| Provision for loan losses | 11,000 | 74,000 | 44,000 | 108,000 |
| Pretax income | -254,000 | 58,000 | 3,000 | 590,000 |
| Income tax | 31,000 | 83,000 | 173,000 | 427,000 |
| Net income | -285,000 | -25,000 | -170,000 | 163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,843,000 | 73,518,000 | 73,761,000 | 74,448,000 |
| Total capital | 77,467,000 | 78,205,000 | 78,419,000 | 79,169,000 |
| Risk-weighted assets | 372,111,000 | 390,681,000 | 393,311,000 | 389,958,000 |