Call reports 2024
PREMIER BANK — 2024
What PREMIER BANK 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 | 387,565,000 | 374,189,000 | 375,866,000 | 371,182,000 |
| Total loans | 262,021,000 | 262,180,000 | 260,130,000 | 260,046,000 |
| Allowance for loan losses | 2,642,000 | 2,643,000 | 2,607,000 | 2,601,000 |
| Securities available for sale | 20,190,000 | 20,185,000 | 19,430,000 | 17,203,000 |
| Securities held to maturity | 65,250,000 | 63,756,000 | 61,431,000 | 60,256,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,132,000 | 293,446,000 | 297,030,000 | 302,996,000 |
| Interest-bearing deposits | 278,010,000 | 245,279,000 | 248,776,000 | 251,907,000 |
| Noninterest-bearing deposits | 47,122,000 | 48,167,000 | 48,254,000 | 51,089,000 |
| Equity capital | 26,470,000 | 26,968,000 | 27,754,000 | 27,684,000 |
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 | 3,891,000 | 7,800,000 | 11,714,000 | 15,663,000 |
| Interest expense | 1,947,000 | 3,885,000 | 5,737,000 | 7,350,000 |
| Net interest income | 1,944,000 | 3,915,000 | 5,977,000 | 8,313,000 |
| Noninterest income | 402,000 | 762,000 | 1,069,000 | 1,327,000 |
| Noninterest expense | 1,917,000 | 3,818,000 | 5,756,000 | 7,852,000 |
| Provision for loan losses | -175,000 | -175,000 | -210,000 | -216,000 |
| Pretax income | 429,000 | 859,000 | 1,290,000 | 1,788,000 |
| Income tax | 19,000 | 40,000 | 60,000 | 87,000 |
| Net income | 410,000 | 819,000 | 1,230,000 | 1,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,692,000 | 32,805,000 | 32,976,000 | 32,752,000 |
| Total capital | 35,509,000 | 35,622,000 | 35,794,000 | 35,570,000 |
| Risk-weighted assets | 275,087,000 | 275,868,000 | 275,410,000 | 267,379,000 |