Call reports 2023
PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA — 2023
What PEOPLES STATE BANK, FAIRMOUNT, NORTH DAKOTA 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 | 36,880,000 | 31,741,000 | 31,924,000 | 34,214,000 |
| Total loans | 23,026,000 | 22,964,000 | 24,140,000 | 24,000,000 |
| Allowance for loan losses | 235,000 | 235,000 | 235,000 | 235,000 |
| Securities available for sale | 7,300,000 | 6,965,000 | 6,461,000 | 6,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,979,000 | 29,841,000 | 29,769,000 | 32,225,000 |
| Interest-bearing deposits | 22,835,000 | 19,213,000 | 19,071,000 | 20,202,000 |
| Noninterest-bearing deposits | 12,144,000 | 10,628,000 | 10,698,000 | 12,023,000 |
| Equity capital | 1,767,000 | 1,819,000 | 1,731,000 | 1,890,000 |
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 | 367,000 | 746,000 | 1,128,000 | 1,549,000 |
| Interest expense | 56,000 | 124,000 | 206,000 | 306,000 |
| Net interest income | 311,000 | 622,000 | 922,000 | 1,243,000 |
| Noninterest income | 8,000 | 14,000 | 22,000 | 31,000 |
| Noninterest expense | 215,000 | 431,000 | 670,000 | 951,000 |
| Provision for loan losses | 0 | 0 | 0 | 62,000 |
| Pretax income | 104,000 | 205,000 | 274,000 | 261,000 |
| Income tax | 24,000 | 48,000 | 63,000 | 59,000 |
| Net income | 80,000 | 157,000 | 211,000 | 202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,632,000 | 2,698,000 | 2,752,000 | 2,734,000 |
| Total capital | 2,867,000 | 2,933,000 | 2,987,000 | 2,969,000 |
| Risk-weighted assets | 28,419,000 | 26,869,000 | 27,692,000 | 24,730,000 |