Call reports 2024
PEOPLES INDEPENDENT BANK — 2024
What PEOPLES INDEPENDENT BANK 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 | 449,260,000 | 446,820,000 | 441,956,000 | 452,245,000 |
| Total loans | 188,995,000 | 187,751,000 | 190,673,000 | 191,963,000 |
| Allowance for loan losses | 1,933,000 | 1,930,000 | 1,922,000 | 1,914,000 |
| Securities available for sale | 174,881,000 | 175,838,000 | 168,522,000 | 164,600,000 |
| Securities held to maturity | 9,250,000 | 9,250,000 | 9,281,000 | 8,295,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,213,000 | 396,557,000 | 399,983,000 | 412,004,000 |
| Interest-bearing deposits | 310,062,000 | 306,786,000 | 311,162,000 | 322,622,000 |
| Noninterest-bearing deposits | 91,151,000 | 89,771,000 | 88,821,000 | 89,382,000 |
| Equity capital | 33,225,000 | 35,104,000 | 37,876,000 | 36,418,000 |
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 | 6,186,000 | 12,226,000 | 18,472,000 | 24,733,000 |
| Interest expense | 2,142,000 | 4,074,000 | 6,097,000 | 8,124,000 |
| Net interest income | 4,044,000 | 8,152,000 | 12,375,000 | 16,609,000 |
| Noninterest income | 496,000 | 1,190,000 | 1,925,000 | 2,446,000 |
| Noninterest expense | 2,393,000 | 4,886,000 | 7,440,000 | 9,993,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 125,000 |
| Pretax income | 2,122,000 | 4,431,000 | 6,835,000 | 8,937,000 |
| Income tax | 138,000 | 288,000 | 444,000 | 506,000 |
| Net income | 1,984,000 | 4,143,000 | 6,391,000 | 8,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,417,000 | 42,811,000 | 43,093,000 | 43,268,000 |
| Total capital | 43,350,000 | 44,741,000 | 45,016,000 | 45,182,000 |
| Risk-weighted assets | 289,642,000 | 291,007,000 | 290,560,000 | 282,284,000 |