Call reports 2020
PREMIER BANK MINNESOTA — 2020
What PREMIER BANK MINNESOTA 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 | 273,137,000 | 309,802,000 | 302,338,000 | 301,696,000 |
| Total loans | 216,323,000 | 228,542,000 | 232,600,000 | 236,680,000 |
| Allowance for loan losses | 2,022,000 | 2,234,000 | 2,705,000 | 2,808,000 |
| Securities available for sale | 18,784,000 | 50,246,000 | 42,704,000 | 42,622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,848,000 | 275,925,000 | 268,150,000 | 270,244,000 |
| Interest-bearing deposits | 173,668,000 | 186,698,000 | 187,402,000 | 190,705,000 |
| Noninterest-bearing deposits | 66,180,000 | 89,227,000 | 80,748,000 | 79,539,000 |
| Equity capital | 28,671,000 | 29,229,000 | 29,530,000 | 30,292,000 |
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 | 2,987,000 | 6,767,000 | 9,618,000 | 12,515,000 |
| Interest expense | 415,000 | 760,000 | 1,059,000 | 1,268,000 |
| Net interest income | 2,572,000 | 6,007,000 | 8,559,000 | 11,247,000 |
| Noninterest income | 366,000 | 808,000 | 1,200,000 | 1,788,000 |
| Noninterest expense | 1,760,000 | 3,429,000 | 5,033,000 | 6,835,000 |
| Provision for loan losses | 42,000 | 496,000 | 1,316,000 | 1,383,000 |
| Pretax income | 1,136,000 | 2,890,000 | 3,409,000 | 4,816,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,136,000 | 2,890,000 | 3,409,000 | 4,816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,016,000 | 28,493,000 | 28,824,000 | 29,652,000 |
| Total capital | 30,038,000 | 30,727,000 | 31,529,000 | 32,460,000 |
| Risk-weighted assets | 227,497,000 | 221,521,000 | 225,815,000 | 233,192,000 |