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Call reports 2022

PREMIER BANK MINNESOTA — 2022

What PREMIER BANK MINNESOTA reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/18fd2570-ff34-45eb-80c7-1bcdba8b24b4/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets349,526,000347,635,000345,352,000634,388,000
Total loans257,554,000259,624,000267,576,000506,833,000
Allowance for loan losses3,010,0003,103,0003,286,0006,224,000
Securities available for sale61,356,00063,570,00060,669,00098,480,000
Securities held to maturity1,350,0001,350,0001,350,0002,190,000
Trading assets0000
Total deposits320,744,000319,555,000316,927,000548,109,000
Interest-bearing deposits218,024,000219,114,000209,942,000396,759,000
Noninterest-bearing deposits102,720,000100,441,000106,985,000151,350,000
Equity capital27,794,00027,074,00026,713,00052,733,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income3,126,0006,257,0009,857,00024,664,000
Interest expense96,000179,000300,0001,557,000
Net interest income3,030,0006,078,0009,557,00023,107,000
Noninterest income310,000732,0001,086,0002,342,000
Noninterest expense2,056,0004,060,0006,064,00014,455,000
Provision for loan losses220,000314,000503,0001,069,000
Pretax income1,064,0002,436,0004,076,0009,925,000
Income tax0000
Net income1,064,0002,436,0004,076,0009,925,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital30,749,00031,465,00032,656,00061,193,000
Total capital33,759,00034,568,00035,942,00067,417,000
Risk-weighted assets268,317,000269,094,000278,417,000537,229,000