Call reports 2023
PREMIER BANK MINNESOTA — 2023
What PREMIER BANK MINNESOTA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 633,059,000 | 629,420,000 | 646,388,000 | 665,991,000 |
| Total loans | 500,944,000 | 504,797,000 | 527,944,000 | 539,468,000 |
| Allowance for loan losses | 6,318,000 | 6,379,000 | 6,378,000 | 6,625,000 |
| Securities available for sale | 98,195,000 | 93,452,000 | 92,080,000 | 86,342,000 |
| Securities held to maturity | 2,190,000 | 2,190,000 | 2,190,000 | 2,190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 544,656,000 | 545,674,000 | 555,610,000 | 568,201,000 |
| Interest-bearing deposits | 402,536,000 | 411,332,000 | 420,826,000 | 439,139,000 |
| Noninterest-bearing deposits | 142,120,000 | 134,342,000 | 134,784,000 | 129,062,000 |
| Equity capital | 56,598,000 | 56,510,000 | 57,720,000 | 60,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,739,000 | 13,834,000 | 21,347,000 | 29,464,000 |
| Interest expense | 1,446,000 | 3,245,000 | 5,372,000 | 8,022,000 |
| Net interest income | 5,293,000 | 10,589,000 | 15,975,000 | 21,442,000 |
| Noninterest income | 454,000 | 1,339,000 | 1,989,000 | 2,679,000 |
| Noninterest expense | 3,322,000 | 7,176,000 | 10,819,000 | 14,633,000 |
| Provision for loan losses | 0 | 0 | 0 | 236,000 |
| Pretax income | 2,425,000 | 4,752,000 | 7,145,000 | 9,252,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,425,000 | 4,752,000 | 7,145,000 | 9,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,511,000 | 64,416,000 | 65,829,000 | 66,823,000 |
| Total capital | 69,829,000 | 70,795,000 | 72,207,000 | 73,448,000 |
| Risk-weighted assets | 533,308,000 | 527,054,000 | 542,745,000 | 553,512,000 |