Call reports 2024
PINELAND BANK — 2024
What PINELAND BANK 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 | 469,875,000 | 482,993,000 | 487,841,000 | 533,934,000 |
| Total loans | 352,004,000 | 351,341,000 | 361,532,000 | 380,502,000 |
| Allowance for loan losses | 5,270,000 | 5,263,000 | 5,709,000 | 5,969,000 |
| Securities available for sale | 34,995,000 | 38,002,000 | 42,277,000 | 49,082,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,236,000 | 433,002,000 | 435,009,000 | 481,580,000 |
| Interest-bearing deposits | 289,861,000 | 290,041,000 | 295,994,000 | 319,006,000 |
| Noninterest-bearing deposits | 131,375,000 | 142,961,000 | 139,015,000 | 162,574,000 |
| Equity capital | 43,700,000 | 45,280,000 | 47,135,000 | 47,814,000 |
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 | 7,229,000 | 14,766,000 | 22,691,000 | 31,034,000 |
| Interest expense | 1,545,000 | 3,258,000 | 5,150,000 | 7,091,000 |
| Net interest income | 5,684,000 | 11,508,000 | 17,541,000 | 23,943,000 |
| Noninterest income | 634,000 | 1,224,000 | 1,798,000 | 2,391,000 |
| Noninterest expense | 3,924,000 | 7,989,000 | 12,005,000 | 15,991,000 |
| Provision for loan losses | 327,000 | 621,000 | 1,070,000 | 1,580,000 |
| Pretax income | 2,067,000 | 4,122,000 | 6,264,000 | 8,763,000 |
| Income tax | 510,000 | 1,014,000 | 1,588,000 | 2,196,000 |
| Net income | 1,557,000 | 3,108,000 | 4,676,000 | 6,567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,084,000 | 45,635,000 | 47,204,000 | 48,094,000 |