Call reports 2023
PILGRIM BANK — 2023
What PILGRIM 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 | 669,645,000 | 677,126,000 | 674,837,000 | 684,768,000 |
| Total loans | 436,553,000 | 445,059,000 | 453,866,000 | 458,754,000 |
| Allowance for loan losses | 3,754,000 | 3,790,000 | 3,787,000 | 3,862,000 |
| Securities available for sale | 86,127,000 | 82,145,000 | 79,362,000 | 80,600,000 |
| Securities held to maturity | 94,520,000 | 91,999,000 | 89,288,000 | 87,335,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 574,386,000 | 562,652,000 | 556,779,000 | 561,400,000 |
| Interest-bearing deposits | 349,541,000 | 350,614,000 | 344,675,000 | 350,509,000 |
| Noninterest-bearing deposits | 224,845,000 | 212,038,000 | 212,104,000 | 210,891,000 |
| Equity capital | 55,813,000 | 55,453,000 | 54,503,000 | 58,973,000 |
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 | 6,235,000 | 13,096,000 | 20,347,000 | 28,422,000 |
| Interest expense | 1,558,000 | 3,800,000 | 6,503,000 | 9,638,000 |
| Net interest income | 4,677,000 | 9,296,000 | 13,844,000 | 18,784,000 |
| Noninterest income | 606,000 | 1,205,000 | 1,813,000 | 2,366,000 |
| Noninterest expense | 3,589,000 | 7,186,000 | 10,842,000 | 14,518,000 |
| Provision for loan losses | 0 | 40,000 | 40,000 | 115,000 |
| Pretax income | 1,693,000 | 3,271,000 | 4,763,000 | 6,491,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,693,000 | 3,271,000 | 4,763,000 | 6,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,710,000 | 71,164,000 | 71,554,000 | 72,159,000 |
| Total capital | 74,479,000 | 74,972,000 | 75,367,000 | 76,061,000 |
| Risk-weighted assets | 483,795,000 | 486,603,000 | 488,681,000 | 494,877,000 |