Call reports 2024
FIRST PIEDMONT FEDERAL SAVINGS AND LOAN ASSOCIATION — 2024
What FIRST PIEDMONT FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 556,783,000 | 550,217,000 | 553,138,000 | 568,873,000 |
| Total loans | 493,492,000 | 489,131,000 | 489,219,000 | 484,075,000 |
| Allowance for loan losses | 6,014,000 | 6,014,000 | 6,014,000 | 6,014,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,999,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 395,478,000 | 393,799,000 | 394,847,000 | 406,636,000 |
| Interest-bearing deposits | 228,746,000 | 228,226,000 | 230,705,000 | 235,339,000 |
| Noninterest-bearing deposits | 166,732,000 | 165,573,000 | 164,142,000 | 171,297,000 |
| Equity capital | 146,875,000 | 149,806,000 | 152,446,000 | 156,634,000 |
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 | 6,800,000 | 14,140,000 | 21,330,000 | 28,743,000 |
| Interest expense | 988,000 | 1,811,000 | 2,615,000 | 3,434,000 |
| Net interest income | 5,812,000 | 12,329,000 | 18,715,000 | 25,309,000 |
| Noninterest income | 1,144,000 | 2,654,000 | 3,972,000 | 5,597,000 |
| Noninterest expense | 3,925,000 | 7,977,000 | 12,057,000 | 16,415,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,037,000 | 7,052,000 | 10,669,000 | 14,603,000 |
| Income tax | 820,000 | 1,904,000 | 2,881,000 | 2,627,000 |
| Net income | 2,217,000 | 5,148,000 | 7,788,000 | 11,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 144,838,000 | 148,162,000 | 150,799,000 | 155,570,000 |