Call reports 2024
PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY — 2024
What PEOPLE'S BANK AND TRUST COMPANY OF PICKETT COUNTY 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 | 277,243,000 | 280,890,000 | 281,064,000 | 289,868,000 |
| Total loans | 203,301,000 | 206,409,000 | 208,921,000 | 214,116,000 |
| Allowance for loan losses | 1,832,000 | 2,078,000 | 2,781,000 | 2,471,000 |
| Securities available for sale | 25,851,000 | 26,959,000 | 26,428,000 | 23,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,072,000 | 249,665,000 | 248,684,000 | 257,399,000 |
| Interest-bearing deposits | 213,565,000 | 215,897,000 | 215,569,000 | 225,239,000 |
| Noninterest-bearing deposits | 33,507,000 | 33,768,000 | 33,115,000 | 32,160,000 |
| Equity capital | 26,444,000 | 27,079,000 | 27,615,000 | 27,970,000 |
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 | 5,031,000 | 10,245,000 | 15,708,000 | 21,311,000 |
| Interest expense | 2,011,000 | 4,101,000 | 6,227,000 | 8,385,000 |
| Net interest income | 3,020,000 | 6,144,000 | 9,481,000 | 12,926,000 |
| Noninterest income | 294,000 | 577,000 | 878,000 | 1,196,000 |
| Noninterest expense | 1,886,000 | 3,909,000 | 5,856,000 | 8,169,000 |
| Provision for loan losses | 78,000 | 607,000 | 1,900,000 | 1,975,000 |
| Pretax income | 1,350,000 | 2,205,000 | 2,603,000 | 3,978,000 |
| Income tax | 310,000 | 490,000 | 540,000 | 865,000 |
| Net income | 1,040,000 | 1,715,000 | 2,063,000 | 3,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,403,000 | 29,938,000 | 29,838,000 | 30,745,000 |