Call reports 2023
FIRST PIEDMONT FEDERAL SAVINGS AND LOAN ASSOCIATION — 2023
What FIRST PIEDMONT FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 574,459,000 | 562,272,000 | 569,208,000 | 572,794,000 |
| Total loans | 449,119,000 | 486,071,000 | 499,338,000 | 492,641,000 |
| Allowance for loan losses | 6,017,000 | 6,017,000 | 6,017,000 | 6,017,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 36,418,000 | 31,486,000 | 31,283,000 | 30,413,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,467,000 | 416,534,000 | 409,762,000 | 402,582,000 |
| Interest-bearing deposits | 242,784,000 | 237,874,000 | 230,584,000 | 227,063,000 |
| Noninterest-bearing deposits | 186,683,000 | 178,660,000 | 179,178,000 | 175,519,000 |
| Equity capital | 137,707,000 | 140,574,000 | 143,079,000 | 144,658,000 |
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 | 6,434,000 | 13,260,000 | 20,052,000 | 27,062,000 |
| Interest expense | 73,000 | 240,000 | 856,000 | 1,854,000 |
| Net interest income | 6,361,000 | 13,020,000 | 19,196,000 | 25,208,000 |
| Noninterest income | 1,025,000 | 2,138,000 | 3,810,000 | 5,055,000 |
| Noninterest expense | 3,977,000 | 8,044,000 | 12,547,000 | 16,571,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,395,000 | 7,099,000 | 10,439,000 | 13,681,000 |
| Income tax | 849,000 | 1,775,000 | 2,610,000 | 4,273,000 |
| Net income | 2,546,000 | 5,324,000 | 7,829,000 | 9,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 135,243,000 | 138,198,000 | 140,980,000 | 142,564,000 |