Call reports 2023
PEOPLES STATE BANK — 2023
What PEOPLES STATE 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 | 864,914,000 | 864,432,000 | 856,354,000 | 906,530,000 |
| Total loans | 490,227,000 | 500,711,000 | 508,849,000 | 524,710,000 |
| Allowance for loan losses | 11,297,000 | 10,805,000 | 10,440,000 | 9,386,000 |
| Securities available for sale | 333,047,000 | 315,279,000 | 297,166,000 | 306,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 762,393,000 | 753,864,000 | 757,958,000 | 775,946,000 |
| Interest-bearing deposits | 536,282,000 | 528,405,000 | 526,758,000 | 538,685,000 |
| Noninterest-bearing deposits | 226,111,000 | 225,459,000 | 231,200,000 | 237,261,000 |
| Equity capital | 69,827,000 | 68,415,000 | 57,792,000 | 75,049,000 |
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 | 7,104,000 | 14,920,000 | 23,306,000 | 32,234,000 |
| Interest expense | 1,647,000 | 3,700,000 | 6,342,000 | 9,372,000 |
| Net interest income | 5,457,000 | 11,220,000 | 16,964,000 | 22,862,000 |
| Noninterest income | 697,000 | 1,369,000 | 2,153,000 | 2,978,000 |
| Noninterest expense | 5,408,000 | 10,834,000 | 16,204,000 | 21,491,000 |
| Provision for loan losses | 0 | -500,000 | -621,000 | -1,609,000 |
| Pretax income | 730,000 | 2,234,000 | 3,522,000 | 5,594,000 |
| Income tax | 5,000 | 7,000 | 10,000 | 12,000 |
| Net income | 725,000 | 2,227,000 | 3,512,000 | 5,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,844,000 | 100,990,000 | 101,920,000 | 103,634,000 |
| Total capital | 106,688,000 | 107,964,000 | 108,977,000 | 111,102,000 |
| Risk-weighted assets | 543,037,000 | 554,061,000 | 561,184,000 | 595,157,000 |