Call reports 2016
PRINCIPAL BANK — 2016
What PRINCIPAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 2,274,246,000 | 2,325,132,000 | 2,366,951,000 | 2,380,221,000 |
| Total loans | 641,696,000 | 655,979,000 | 694,244,000 | 706,071,000 |
| Allowance for loan losses | 22,464,000 | 20,991,000 | 18,692,000 | 17,409,000 |
| Securities available for sale | 1,595,676,000 | 1,605,429,000 | 1,615,366,000 | 1,618,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,075,315,000 | 2,118,447,000 | 2,140,961,000 | 2,200,266,000 |
| Interest-bearing deposits | 2,075,315,000 | 2,118,447,000 | 2,140,961,000 | 2,200,266,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 178,162,000 | 191,969,000 | 199,384,000 | 166,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 16,287,000 | 31,230,000 | 45,927,000 | 62,115,000 |
| Interest expense | 1,997,000 | 4,038,000 | 6,114,000 | 8,150,000 |
| Net interest income | 14,290,000 | 27,192,000 | 39,813,000 | 53,965,000 |
| Noninterest income | 2,108,000 | 4,451,000 | 6,822,000 | 9,191,000 |
| Noninterest expense | 4,118,000 | 8,038,000 | 11,783,000 | 15,545,000 |
| Provision for loan losses | -2,269,000 | -2,950,000 | -5,364,000 | -6,086,000 |
| Pretax income | 13,979,000 | 25,945,000 | 39,641,000 | 53,101,000 |
| Income tax | 5,438,000 | 10,093,000 | 15,421,000 | 20,583,000 |
| Net income | 8,541,000 | 15,852,000 | 24,220,000 | 32,518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 174,694,000 | 182,042,000 | 190,447,000 | 173,785,000 |
| Total capital | 192,909,000 | 200,282,000 | 209,139,000 | 191,194,000 |
| Risk-weighted assets | 1,452,962,000 | 1,456,467,000 | 1,510,304,000 | 1,475,743,000 |