Call reports 2021
PREMIER BANK MINNESOTA — 2021
What PREMIER BANK MINNESOTA 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 | 323,380,000 | 344,721,000 | 354,397,000 | 352,416,000 |
| Total loans | 238,365,000 | 241,439,000 | 244,435,000 | 259,655,000 |
| Allowance for loan losses | 2,826,000 | 2,846,000 | 2,873,000 | 2,976,000 |
| Securities available for sale | 41,518,000 | 38,656,000 | 64,579,000 | 67,079,000 |
| Securities held to maturity | 650,000 | 650,000 | 1,080,000 | 1,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,076,000 | 312,146,000 | 320,613,000 | 321,955,000 |
| Interest-bearing deposits | 195,572,000 | 208,557,000 | 219,411,000 | 216,422,000 |
| Noninterest-bearing deposits | 95,504,000 | 103,589,000 | 101,202,000 | 105,533,000 |
| Equity capital | 31,344,000 | 31,416,000 | 32,461,000 | 29,630,000 |
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 | 3,398,000 | 6,462,000 | 9,391,000 | 12,581,000 |
| Interest expense | 172,000 | 327,000 | 466,000 | 578,000 |
| Net interest income | 3,226,000 | 6,135,000 | 8,925,000 | 12,003,000 |
| Noninterest income | 314,000 | 663,000 | 1,451,000 | 1,793,000 |
| Noninterest expense | 1,711,000 | 3,595,000 | 5,451,000 | 7,397,000 |
| Provision for loan losses | 40,000 | 59,000 | 64,000 | 214,000 |
| Pretax income | 1,789,000 | 3,144,000 | 4,861,000 | 6,185,000 |
| Income tax | 0 | 0 | 427,000 | 486,000 |
| Net income | 1,789,000 | 3,144,000 | 4,434,000 | 5,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,814,000 | 30,953,000 | 32,193,000 | 30,025,000 |
| Total capital | 33,640,000 | 33,799,000 | 35,066,000 | 33,001,000 |
| Risk-weighted assets | 236,271,000 | 236,953,000 | 246,569,000 | 264,393,000 |