Call reports 2024
PEAPACK PRIVATE BANK AND TRUST — 2024
What PEAPACK PRIVATE BANK AND TRUST 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 | 6,406,346,000 | 6,499,639,000 | 6,788,585,000 | 7,008,570,000 |
| Total loans | 5,362,450,000 | 5,269,298,000 | 5,320,167,000 | 5,520,920,000 |
| Allowance for loan losses | 66,251,000 | 67,984,000 | 71,283,000 | 72,992,000 |
| Securities available for sale | 550,870,000 | 591,884,000 | 682,713,000 | 784,544,000 |
| Securities held to maturity | 106,498,000 | 105,013,000 | 103,158,000 | 101,635,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,499,497,000 | 5,676,494,000 | 5,955,459,000 | 6,149,163,000 |
| Interest-bearing deposits | 4,562,353,000 | 4,706,375,000 | 4,855,747,000 | 5,016,527,000 |
| Noninterest-bearing deposits | 937,144,000 | 970,119,000 | 1,099,712,000 | 1,132,636,000 |
| Equity capital | 689,630,000 | 696,580,000 | 716,166,000 | 713,408,000 |
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 | 79,194,000 | 158,432,000 | 241,636,000 | 327,801,000 |
| Interest expense | 43,139,000 | 85,651,000 | 129,491,000 | 172,160,000 |
| Net interest income | 36,055,000 | 72,781,000 | 112,145,000 | 155,641,000 |
| Noninterest income | 18,818,000 | 40,460,000 | 58,871,000 | 78,258,000 |
| Noninterest expense | 39,743,000 | 82,488,000 | 126,859,000 | 174,364,000 |
| Provision for loan losses | 615,000 | 4,516,000 | 5,743,000 | 7,496,000 |
| Pretax income | 14,392,000 | 26,020,000 | 38,674,000 | 52,863,000 |
| Income tax | 4,322,000 | 6,975,000 | 10,697,000 | 13,999,000 |
| Net income | 10,070,000 | 19,045,000 | 27,977,000 | 38,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 709,744,000 | 717,557,000 | 724,038,000 | 733,389,000 |
| Total capital | 773,781,000 | 781,448,000 | 789,954,000 | 801,365,000 |
| Risk-weighted assets | 5,120,062,000 | 5,106,479,000 | 5,267,257,000 | 5,432,340,000 |