Call reports 2022
PRINCIPAL BANK — 2022
What PRINCIPAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 7,902,440,000 | 8,079,147,000 | 8,367,676,000 | 8,389,661,000 |
| Total loans | 1,757,119,000 | 1,839,340,000 | 2,244,777,000 | 2,380,633,000 |
| Allowance for loan losses | 1,412,000 | 1,291,000 | 2,016,000 | 5,749,000 |
| Securities available for sale | 5,730,420,000 | 5,728,941,000 | 5,427,308,000 | 5,283,810,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,476,828,000 | 7,698,657,000 | 8,122,955,000 | 8,100,092,000 |
| Interest-bearing deposits | 7,474,367,000 | 7,687,083,000 | 8,110,584,000 | 8,092,255,000 |
| Noninterest-bearing deposits | 2,461,000 | 11,574,000 | 12,371,000 | 7,837,000 |
| Equity capital | 379,514,000 | 260,488,000 | 171,460,000 | 200,529,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 34,264,000 | 77,227,000 | 135,110,000 | 211,717,000 |
| Interest expense | 2,245,000 | 6,092,000 | 20,390,000 | 46,177,000 |
| Net interest income | 32,019,000 | 71,135,000 | 114,720,000 | 165,540,000 |
| Noninterest income | 2,383,000 | 22,513,000 | 55,573,000 | 69,306,000 |
| Noninterest expense | 13,272,000 | 43,459,000 | 75,755,000 | 107,990,000 |
| Provision for loan losses | -616,000 | -1,786,000 | -1,496,000 | 1,925,000 |
| Pretax income | 18,310,000 | 48,411,000 | 92,396,000 | 120,763,000 |
| Income tax | 4,870,000 | 12,895,000 | 24,212,000 | 32,288,000 |
| Net income | 13,440,000 | 35,516,000 | 68,184,000 | 88,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 554,620,000 | 576,136,000 | 608,203,000 | 629,843,000 |
| Total capital | 556,032,000 | 577,427,000 | 610,219,000 | 635,592,000 |
| Risk-weighted assets | 4,042,725,000 | 4,175,285,000 | 4,439,107,000 | 4,380,668,000 |