Call reports 2008
PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY — 2008
What PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 110,351,000 | 110,043,000 | 110,969,000 | 112,606,000 |
| Total loans | 80,939,000 | 82,195,000 | 85,409,000 | 90,127,000 |
| Allowance for loan losses | 1,431,000 | 1,405,000 | 1,108,000 | 1,439,000 |
| Securities available for sale | 13,007,000 | 12,116,000 | 11,133,000 | 8,866,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,744,000 | 96,661,000 | 96,801,000 | 98,650,000 |
| Interest-bearing deposits | 88,965,000 | 88,309,000 | 89,628,000 | 92,018,000 |
| Noninterest-bearing deposits | 6,779,000 | 8,352,000 | 7,173,000 | 6,632,000 |
| Equity capital | 11,087,000 | 11,305,000 | 11,082,000 | 11,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,363,000 | 4,553,000 | 6,542,000 | 8,563,000 |
| Interest expense | 1,030,000 | 1,963,000 | 2,820,000 | 3,672,000 |
| Net interest income | 1,333,000 | 2,590,000 | 3,722,000 | 4,891,000 |
| Noninterest income | 187,000 | 356,000 | 798,000 | 960,000 |
| Noninterest expense | 706,000 | 1,350,000 | 2,025,000 | 2,772,000 |
| Provision for loan losses | 199,000 | 353,000 | 488,000 | 979,000 |
| Pretax income | 615,000 | 1,245,000 | 1,211,000 | 1,317,000 |
| Income tax | 174,000 | 384,000 | 398,000 | 393,000 |
| Net income | 441,000 | 861,000 | 813,000 | 924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,770,000 | 11,160,000 | 10,990,000 | 11,116,000 |
| Total capital | 11,847,000 | 12,275,000 | 12,098,000 | 12,314,000 |
| Risk-weighted assets | 85,783,000 | 88,907,000 | 92,322,000 | 95,585,000 |