Call reports 2023
PINELAND BANK — 2023
What PINELAND BANK 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 | 403,632,000 | 423,327,000 | 429,569,000 | 442,525,000 |
| Total loans | 288,796,000 | 295,461,000 | 309,799,000 | 331,049,000 |
| Allowance for loan losses | 4,435,000 | 4,480,000 | 4,529,000 | 4,950,000 |
| Securities available for sale | 38,018,000 | 34,713,000 | 38,444,000 | 33,974,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 361,974,000 | 379,943,000 | 383,413,000 | 396,404,000 |
| Interest-bearing deposits | 237,815,000 | 245,188,000 | 254,155,000 | 267,788,000 |
| Noninterest-bearing deposits | 124,159,000 | 134,755,000 | 129,258,000 | 128,616,000 |
| Equity capital | 38,424,000 | 40,064,000 | 41,816,000 | 42,142,000 |
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 | 5,580,000 | 11,636,000 | 18,089,000 | 25,128,000 |
| Interest expense | 488,000 | 1,220,000 | 2,257,000 | 3,561,000 |
| Net interest income | 5,092,000 | 10,416,000 | 15,832,000 | 21,567,000 |
| Noninterest income | 596,000 | 1,149,000 | 1,755,000 | 2,302,000 |
| Noninterest expense | 3,565,000 | 7,065,000 | 10,708,000 | 14,585,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 535,000 |
| Pretax income | 2,078,000 | 4,410,000 | 6,744,000 | 8,749,000 |
| Income tax | 535,000 | 1,114,000 | 1,698,000 | 2,207,000 |
| Net income | 1,543,000 | 3,296,000 | 5,046,000 | 6,542,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,027,000 | 40,781,000 | 42,531,000 | 42,527,000 |