Call reports 2020
PREMIER VALLEY BANK — 2020
What PREMIER VALLEY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 889,280,000 | 1,031,899,000 | 1,042,436,000 | 1,076,615,000 |
| Total loans | 531,490,000 | 606,992,000 | 606,548,000 | 620,268,000 |
| Allowance for loan losses | 4,904,000 | 5,878,000 | 6,182,000 | 6,704,000 |
| Securities available for sale | 225,871,000 | 296,139,000 | 306,388,000 | 331,939,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 9,769,000 | 10,377,000 | 9,969,000 | 8,872,000 |
| Total deposits | 706,479,000 | 869,165,000 | 855,913,000 | 836,984,000 |
| Interest-bearing deposits | 384,544,000 | 446,461,000 | 417,885,000 | 417,670,000 |
| Noninterest-bearing deposits | 321,935,000 | 422,704,000 | 438,028,000 | 419,314,000 |
| Equity capital | 134,999,000 | 141,795,000 | 142,161,000 | 147,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 8,442,000 | 16,779,000 | 25,287,000 | 34,372,000 |
| Interest expense | 586,000 | 735,000 | 830,000 | 923,000 |
| Net interest income | 7,856,000 | 16,044,000 | 24,457,000 | 33,449,000 |
| Noninterest income | 1,147,000 | 1,993,000 | 2,704,000 | 3,558,000 |
| Noninterest expense | 5,824,000 | 11,791,000 | 17,048,000 | 21,700,000 |
| Provision for loan losses | 2,025,000 | 3,283,000 | 9,452,000 | 9,850,000 |
| Pretax income | 1,124,000 | 2,969,000 | 806,000 | 5,670,000 |
| Income tax | 225,000 | 607,000 | -12,000 | 1,118,000 |
| Net income | 899,000 | 2,362,000 | 818,000 | 4,552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,303,000 | 82,767,000 | 81,475,000 | 85,456,000 |
| Total capital | 87,187,000 | 90,161,000 | 88,815,000 | 93,032,000 |
| Risk-weighted assets | 681,595,000 | 706,363,000 | 700,227,000 | 737,102,000 |