Call reports 2024
PEOPLE'S BANK OF COMMERCE — 2024
What PEOPLE'S BANK OF COMMERCE 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 | 789,738,000 | 788,365,000 | 787,204,000 | 798,653,000 |
| Total loans | 561,177,000 | 565,911,000 | 565,663,000 | 558,532,000 |
| Allowance for loan losses | 6,029,000 | 6,066,000 | 6,190,000 | 5,627,000 |
| Securities available for sale | 148,601,000 | 144,321,000 | 139,564,000 | 132,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 645,978,000 | 659,232,000 | 672,924,000 | 683,567,000 |
| Interest-bearing deposits | 389,388,000 | 390,079,000 | 397,292,000 | 426,394,000 |
| Noninterest-bearing deposits | 256,590,000 | 269,153,000 | 275,632,000 | 257,173,000 |
| Equity capital | 92,775,000 | 95,260,000 | 101,146,000 | 102,128,000 |
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 | 9,563,000 | 19,491,000 | 29,620,000 | 40,043,000 |
| Interest expense | 2,672,000 | 5,399,000 | 8,195,000 | 10,876,000 |
| Net interest income | 6,891,000 | 14,092,000 | 21,425,000 | 29,167,000 |
| Noninterest income | 1,062,000 | 2,048,000 | 3,171,000 | 4,190,000 |
| Noninterest expense | 5,577,000 | 11,335,000 | 16,657,000 | 22,055,000 |
| Provision for loan losses | 175,000 | 227,000 | 376,000 | -130,000 |
| Pretax income | 2,409,000 | 4,936,000 | 7,653,000 | 11,439,000 |
| Income tax | 626,000 | 1,287,000 | 1,951,000 | 2,897,000 |
| Net income | 1,783,000 | 3,649,000 | 5,702,000 | 8,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,494,000 | 105,373,000 | 107,434,000 | 110,705,000 |