Call reports 2018
PRINCIPAL BANK — 2018
What PRINCIPAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,683,315,000 | 2,712,816,000 | 2,730,205,000 | 3,094,591,000 |
| Total loans | 791,257,000 | 815,216,000 | 841,810,000 | 908,294,000 |
| Allowance for loan losses | 5,799,000 | 3,763,000 | 3,279,000 | 2,544,000 |
| Securities available for sale | 1,762,847,000 | 1,795,996,000 | 1,779,459,000 | 2,011,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,460,943,000 | 2,462,866,000 | 2,496,412,000 | 2,889,903,000 |
| Interest-bearing deposits | 2,460,943,000 | 2,462,866,000 | 2,496,412,000 | 2,889,903,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 194,751,000 | 200,951,000 | 209,929,000 | 189,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 18,143,000 | 37,614,000 | 57,723,000 | 79,396,000 |
| Interest expense | 2,198,000 | 5,677,000 | 9,491,000 | 13,696,000 |
| Net interest income | 15,945,000 | 31,937,000 | 48,232,000 | 65,700,000 |
| Noninterest income | 4,285,000 | 7,695,000 | 11,688,000 | 9,982,000 |
| Noninterest expense | 4,145,000 | 7,796,000 | 12,398,000 | 17,278,000 |
| Provision for loan losses | -1,380,000 | -3,097,000 | -3,954,000 | -4,839,000 |
| Pretax income | 17,280,000 | 34,437,000 | 50,931,000 | 60,008,000 |
| Income tax | 4,299,000 | 8,767,000 | 13,066,000 | 15,429,000 |
| Net income | 12,981,000 | 25,670,000 | 37,865,000 | 44,579,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,139,000 | 227,851,000 | 240,069,000 | 213,158,000 |
| Total capital | 220,938,000 | 231,614,000 | 243,348,000 | 215,702,000 |
| Risk-weighted assets | 1,477,987,000 | 1,531,882,000 | 1,540,740,000 | 1,637,493,000 |