Call reports 2020
PEOPLES EXCHANGE BANK, INC. — 2020
What PEOPLES EXCHANGE BANK, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 410,666,000 | 439,760,000 | 453,499,000 | 460,749,000 |
| Total loans | 345,075,000 | 351,763,000 | 362,849,000 | 355,529,000 |
| Allowance for loan losses | 4,111,000 | 4,152,000 | 4,212,000 | 4,248,000 |
| Securities available for sale | 16,953,000 | 16,009,000 | 13,886,000 | 14,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,297,000 | 371,885,000 | 385,230,000 | 396,887,000 |
| Interest-bearing deposits | 262,452,000 | 273,262,000 | 280,994,000 | 290,042,000 |
| Noninterest-bearing deposits | 83,845,000 | 98,623,000 | 104,236,000 | 106,845,000 |
| Equity capital | 40,160,000 | 40,880,000 | 41,756,000 | 42,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,613,000 | 9,058,000 | 13,543,000 | 18,271,000 |
| Interest expense | 854,000 | 1,580,000 | 2,270,000 | 2,936,000 |
| Net interest income | 3,759,000 | 7,478,000 | 11,273,000 | 15,335,000 |
| Noninterest income | 986,000 | 1,833,000 | 3,069,000 | 4,160,000 |
| Noninterest expense | 3,320,000 | 6,621,000 | 10,004,000 | 13,418,000 |
| Provision for loan losses | 110,000 | 150,000 | 250,000 | 300,000 |
| Pretax income | 1,324,000 | 2,549,000 | 4,097,000 | 5,786,000 |
| Income tax | 196,000 | 377,000 | 586,000 | 994,000 |
| Net income | 1,128,000 | 2,172,000 | 3,511,000 | 4,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,830,000 | 40,479,000 | 41,132,000 | 42,026,000 |