Call reports 2023
PEOPLES STATE BANK — 2023
What PEOPLES STATE BANK 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 | 1,359,450,000 | 1,416,563,000 | 1,436,965,000 | 1,423,721,000 |
| Total loans | 984,862,000 | 1,060,394,000 | 1,111,256,000 | 1,091,006,000 |
| Allowance for loan losses | 11,593,000 | 11,922,000 | 12,267,000 | 12,302,000 |
| Securities available for sale | 190,737,000 | 167,383,000 | 160,883,000 | 164,024,000 |
| Securities held to maturity | 87,889,000 | 87,336,000 | 86,908,000 | 87,081,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,120,797,000 | 1,157,889,000 | 1,185,069,000 | 1,156,078,000 |
| Interest-bearing deposits | 841,712,000 | 864,686,000 | 884,958,000 | 878,193,000 |
| Noninterest-bearing deposits | 279,085,000 | 293,203,000 | 300,111,000 | 277,885,000 |
| Equity capital | 109,494,000 | 108,719,000 | 107,429,000 | 113,617,000 |
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 | 13,992,000 | 28,993,000 | 45,404,000 | 62,530,000 |
| Interest expense | 3,603,000 | 8,517,000 | 14,714,000 | 21,646,000 |
| Net interest income | 10,389,000 | 20,476,000 | 30,690,000 | 40,884,000 |
| Noninterest income | 2,001,000 | 4,259,000 | 5,932,000 | 7,324,000 |
| Noninterest expense | 7,992,000 | 16,140,000 | 23,813,000 | 31,374,000 |
| Provision for loan losses | 100,000 | 200,000 | 350,000 | 450,000 |
| Pretax income | 4,298,000 | 8,116,000 | 12,180,000 | 15,808,000 |
| Income tax | 1,037,000 | 1,788,000 | 4,191,000 | 5,322,000 |
| Net income | 3,261,000 | 6,328,000 | 7,989,000 | 10,486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,146,000 | 129,259,000 | 130,986,000 | 131,549,000 |
| Total capital | 141,425,000 | 141,893,000 | 143,765,000 | 144,428,000 |
| Risk-weighted assets | 982,221,000 | 1,041,724,000 | 1,067,897,000 | 1,052,963,000 |