Call reports 2017
PRINCIPAL BANK — 2017
What PRINCIPAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,402,135,000 | 2,406,131,000 | 2,497,578,000 | 2,547,020,000 |
| Total loans | 747,740,000 | 745,481,000 | 754,022,000 | 733,256,000 |
| Allowance for loan losses | 16,983,000 | 16,354,000 | 14,959,000 | 6,629,000 |
| Securities available for sale | 1,590,667,000 | 1,605,365,000 | 1,667,340,000 | 1,747,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,207,062,000 | 2,199,627,000 | 2,280,054,000 | 2,336,867,000 |
| Interest-bearing deposits | 2,207,062,000 | 2,199,627,000 | 2,280,054,000 | 2,336,867,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 176,418,000 | 187,019,000 | 196,748,000 | 195,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 15,713,000 | 31,595,000 | 48,244,000 | 65,218,000 |
| Interest expense | 1,958,000 | 3,909,000 | 5,841,000 | 7,764,000 |
| Net interest income | 13,755,000 | 27,686,000 | 42,403,000 | 57,454,000 |
| Noninterest income | 2,319,000 | 4,789,000 | 7,164,000 | 6,170,000 |
| Noninterest expense | 4,100,000 | 7,936,000 | 11,555,000 | 15,471,000 |
| Provision for loan losses | -66,000 | -208,000 | -1,948,000 | -10,863,000 |
| Pretax income | 11,519,000 | 24,025,000 | 39,238,000 | 58,216,000 |
| Income tax | 4,462,000 | 9,325,000 | 15,240,000 | 25,023,000 |
| Net income | 7,057,000 | 14,700,000 | 23,998,000 | 33,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 180,885,000 | 188,578,000 | 197,918,000 | 202,138,000 |
| Total capital | 197,868,000 | 204,932,000 | 212,877,000 | 208,767,000 |
| Risk-weighted assets | 1,483,531,000 | 1,431,366,000 | 1,473,090,000 | 1,419,101,000 |