Call reports 2020
PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY — 2020
What PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 125,007,000 | 132,544,000 | 132,620,000 | 137,319,000 |
| Total loans | 92,184,000 | 95,388,000 | 94,586,000 | 97,765,000 |
| Allowance for loan losses | 1,235,000 | 1,331,000 | 1,442,000 | 1,627,000 |
| Securities available for sale | 11,554,000 | 14,378,000 | 15,792,000 | 16,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,300,000 | 115,266,000 | 115,195,000 | 119,765,000 |
| Interest-bearing deposits | 92,937,000 | 96,857,000 | 97,051,000 | 99,831,000 |
| Noninterest-bearing deposits | 15,363,000 | 18,409,000 | 18,144,000 | 19,934,000 |
| Equity capital | 15,870,000 | 16,174,000 | 16,229,000 | 16,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,790,000 | 3,595,000 | 5,343,000 | 7,080,000 |
| Interest expense | 359,000 | 678,000 | 959,000 | 1,198,000 |
| Net interest income | 1,431,000 | 2,917,000 | 4,384,000 | 5,882,000 |
| Noninterest income | 227,000 | 418,000 | 702,000 | 903,000 |
| Noninterest expense | 1,138,000 | 2,147,000 | 3,244,000 | 4,424,000 |
| Provision for loan losses | 103,000 | 237,000 | 291,000 | 298,000 |
| Pretax income | 427,000 | 972,000 | 1,572,000 | 2,084,000 |
| Income tax | 89,000 | 219,000 | 343,000 | 454,000 |
| Net income | 338,000 | 753,000 | 1,229,000 | 1,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,771,000 | 16,050,000 | 16,106,000 | 16,366,000 |