Call reports 2024
PEOPLES BANK OF THE SOUTH — 2024
What PEOPLES BANK OF THE SOUTH 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 | 213,491,000 | 214,742,000 | 214,225,000 | 221,679,000 |
| Total loans | 176,176,000 | 173,791,000 | 175,902,000 | 178,161,000 |
| Allowance for loan losses | 2,003,000 | 2,004,000 | 1,986,000 | 2,004,000 |
| Securities available for sale | 23,139,000 | 20,828,000 | 21,551,000 | 21,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,543,000 | 173,784,000 | 173,988,000 | 181,540,000 |
| Interest-bearing deposits | 121,992,000 | 123,750,000 | 124,249,000 | 130,307,000 |
| Noninterest-bearing deposits | 51,551,000 | 50,034,000 | 49,739,000 | 51,233,000 |
| Equity capital | 22,052,000 | 22,662,000 | 23,825,000 | 24,003,000 |
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 | 3,388,000 | 6,924,000 | 10,729,000 | 14,519,000 |
| Interest expense | 922,000 | 1,940,000 | 2,995,000 | 4,057,000 |
| Net interest income | 2,466,000 | 4,984,000 | 7,734,000 | 10,462,000 |
| Noninterest income | 127,000 | 255,000 | 384,000 | 510,000 |
| Noninterest expense | 1,244,000 | 2,549,000 | 4,034,000 | 5,502,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,349,000 | 2,690,000 | 4,084,000 | 5,470,000 |
| Income tax | 88,000 | 176,000 | 267,000 | 358,000 |
| Net income | 1,261,000 | 2,514,000 | 3,817,000 | 5,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,637,000 | 25,056,000 | 25,494,000 | 25,985,000 |
| Total capital | 26,549,000 | 27,016,000 | 27,329,000 | 27,989,000 |
| Risk-weighted assets | 152,862,000 | 156,790,000 | 146,673,000 | 167,841,000 |