Call reports 2023
PEAPACK PRIVATE BANK AND TRUST — 2023
What PEAPACK PRIVATE BANK AND TRUST 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 | 6,479,819,000 | 6,476,348,000 | 6,517,967,000 | 6,472,617,000 |
| Total loans | 5,379,529,000 | 5,449,214,000 | 5,493,437,000 | 5,436,120,000 |
| Allowance for loan losses | 62,250,000 | 62,704,000 | 68,592,000 | 65,888,000 |
| Securities available for sale | 556,266,000 | 540,519,000 | 521,005,000 | 550,617,000 |
| Securities held to maturity | 111,609,000 | 110,438,000 | 108,940,000 | 107,755,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,312,763,000 | 5,216,536,000 | 5,279,637,000 | 5,296,707,000 |
| Interest-bearing deposits | 4,212,818,000 | 4,174,918,000 | 4,312,483,000 | 4,316,958,000 |
| Noninterest-bearing deposits | 1,099,945,000 | 1,041,618,000 | 967,154,000 | 979,749,000 |
| Equity capital | 682,662,000 | 677,328,000 | 669,412,000 | 690,683,000 |
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 | 70,491,000 | 145,343,000 | 223,832,000 | 304,010,000 |
| Interest expense | 24,877,000 | 59,213,000 | 99,460,000 | 141,281,000 |
| Net interest income | 45,614,000 | 86,130,000 | 124,372,000 | 162,729,000 |
| Noninterest income | 17,883,000 | 36,691,000 | 56,490,000 | 73,540,000 |
| Noninterest expense | 35,221,000 | 72,620,000 | 109,649,000 | 146,956,000 |
| Provision for loan losses | 1,464,000 | 3,130,000 | 9,074,000 | 14,156,000 |
| Pretax income | 26,972,000 | 46,992,000 | 61,744,000 | 75,403,000 |
| Income tax | 7,153,000 | 12,649,000 | 17,157,000 | 20,651,000 |
| Net income | 19,819,000 | 34,343,000 | 44,587,000 | 54,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 700,858,000 | 696,398,000 | 702,517,000 | 707,446,000 |
| Total capital | 763,732,000 | 759,934,000 | 768,979,000 | 773,083,000 |
| Risk-weighted assets | 5,029,709,000 | 5,088,718,000 | 5,314,124,000 | 5,250,007,000 |