Call reports 2023
PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY — 2023
What PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY 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 | 239,197,000 | 241,714,000 | 248,344,000 | 264,593,000 |
| Total loans | 178,320,000 | 186,214,000 | 192,555,000 | 197,660,000 |
| Allowance for loan losses | 1,879,000 | 1,902,000 | 1,984,000 | 1,933,000 |
| Securities available for sale | 24,794,000 | 23,470,000 | 22,475,000 | 23,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,455,000 | 215,135,000 | 221,074,000 | 235,855,000 |
| Interest-bearing deposits | 175,570,000 | 179,100,000 | 187,885,000 | 204,792,000 |
| Noninterest-bearing deposits | 37,885,000 | 36,035,000 | 33,189,000 | 31,063,000 |
| Equity capital | 23,717,000 | 24,421,000 | 24,387,000 | 25,882,000 |
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 | 3,548,000 | 7,518,000 | 11,838,000 | 16,501,000 |
| Interest expense | 895,000 | 2,001,000 | 3,365,000 | 5,098,000 |
| Net interest income | 2,653,000 | 5,517,000 | 8,473,000 | 11,403,000 |
| Noninterest income | 280,000 | 580,000 | 866,000 | 1,149,000 |
| Noninterest expense | 1,803,000 | 3,654,000 | 5,411,000 | 7,677,000 |
| Provision for loan losses | 61,000 | 123,000 | 184,000 | 244,000 |
| Pretax income | 1,069,000 | 2,320,000 | 3,744,000 | 4,631,000 |
| Income tax | 235,000 | 500,000 | 860,000 | 1,060,000 |
| Net income | 834,000 | 1,820,000 | 2,884,000 | 3,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,619,000 | 27,605,000 | 28,097,000 | 28,644,000 |