Call reports 2020
PRINCIPAL BANK — 2020
What PRINCIPAL 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 | 4,085,184,000 | 4,253,668,000 | 4,375,649,000 | 4,523,043,000 |
| Total loans | 1,170,201,000 | 1,271,345,000 | 1,330,638,000 | 1,197,600,000 |
| Allowance for loan losses | 5,267,000 | 4,594,000 | 4,893,000 | 5,575,000 |
| Securities available for sale | 2,698,592,000 | 2,808,553,000 | 2,843,699,000 | 3,104,826,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,757,810,000 | 3,837,958,000 | 3,955,116,000 | 4,083,022,000 |
| Interest-bearing deposits | 3,757,810,000 | 3,837,958,000 | 3,955,116,000 | 4,083,022,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 274,044,000 | 337,062,000 | 369,041,000 | 389,689,000 |
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 | 25,663,000 | 49,718,000 | 74,473,000 | 95,610,000 |
| Interest expense | 6,502,000 | 9,094,000 | 11,499,000 | 13,852,000 |
| Net interest income | 19,161,000 | 40,624,000 | 62,974,000 | 81,758,000 |
| Noninterest income | -10,259,000 | -12,359,000 | -10,553,000 | -6,750,000 |
| Noninterest expense | 6,054,000 | 11,732,000 | 17,742,000 | 23,915,000 |
| Provision for loan losses | 2,172,000 | 970,000 | 688,000 | 998,000 |
| Pretax income | -664,000 | 17,008,000 | 35,080,000 | 51,088,000 |
| Income tax | -26,000 | 4,651,000 | 9,429,000 | 13,596,000 |
| Net income | -638,000 | 12,357,000 | 25,651,000 | 37,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 270,294,000 | 283,342,000 | 296,694,000 | 308,575,000 |
| Total capital | 275,561,000 | 287,936,000 | 301,587,000 | 314,150,000 |
| Risk-weighted assets | 1,924,440,000 | 2,300,407,000 | 2,371,460,000 | 2,465,774,000 |