Call reports 2021
PRINCIPAL BANK — 2021
What PRINCIPAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 4,667,777,000 | 4,780,293,000 | 6,081,385,000 | 7,625,018,000 |
| Total loans | 1,260,107,000 | 1,213,930,000 | 1,400,025,000 | 1,684,293,000 |
| Allowance for loan losses | 3,543,000 | 2,955,000 | 2,692,000 | 1,753,000 |
| Securities available for sale | 3,232,693,000 | 3,378,352,000 | 4,474,018,000 | 5,640,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,224,588,000 | 4,289,596,000 | 5,429,993,000 | 7,005,933,000 |
| Interest-bearing deposits | 4,224,588,000 | 4,289,596,000 | 5,429,993,000 | 7,005,933,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 379,452,000 | 402,827,000 | 504,476,000 | 552,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 24,427,000 | 46,945,000 | 73,156,000 | 103,698,000 |
| Interest expense | 1,945,000 | 3,881,000 | 5,869,000 | 7,896,000 |
| Net interest income | 22,482,000 | 43,064,000 | 67,287,000 | 95,802,000 |
| Noninterest income | 13,534,000 | 11,732,000 | 14,472,000 | 20,876,000 |
| Noninterest expense | 6,554,000 | 12,680,000 | 18,714,000 | 25,846,000 |
| Provision for loan losses | -2,890,000 | -4,067,000 | -5,174,000 | -7,002,000 |
| Pretax income | 32,794,000 | 46,382,000 | 68,326,000 | 98,042,000 |
| Income tax | 8,532,000 | 12,131,000 | 17,713,000 | 25,614,000 |
| Net income | 24,262,000 | 34,251,000 | 50,613,000 | 72,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 332,871,000 | 342,889,000 | 459,274,000 | 541,113,000 |
| Total capital | 336,414,000 | 345,844,000 | 461,966,000 | 542,866,000 |
| Risk-weighted assets | 2,561,109,000 | 2,605,608,000 | 3,184,820,000 | 3,825,918,000 |