Call reports 2024
PREMIER BANK MINNESOTA — 2024
What PREMIER BANK MINNESOTA reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 678,473,000 | 689,809,000 | 673,705,000 | 676,826,000 |
| Total loans | 558,646,000 | 557,203,000 | 556,353,000 | 560,456,000 |
| Allowance for loan losses | 6,924,000 | 6,982,000 | 6,980,000 | 6,975,000 |
| Securities available for sale | 79,753,000 | 75,843,000 | 74,666,000 | 68,268,000 |
| Securities held to maturity | 2,190,000 | 2,190,000 | 2,190,000 | 2,190,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,265,000 | 602,900,000 | 590,491,000 | 593,515,000 |
| Interest-bearing deposits | 461,020,000 | 475,537,000 | 463,731,000 | 461,333,000 |
| Noninterest-bearing deposits | 124,245,000 | 127,363,000 | 126,760,000 | 132,182,000 |
| Equity capital | 62,452,000 | 62,935,000 | 65,913,000 | 67,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,543,000 | 17,328,000 | 26,291,000 | 35,498,000 |
| Interest expense | 2,901,000 | 5,931,000 | 9,010,000 | 11,809,000 |
| Net interest income | 5,642,000 | 11,397,000 | 17,281,000 | 23,689,000 |
| Noninterest income | 591,000 | 1,254,000 | 1,840,000 | 2,471,000 |
| Noninterest expense | 3,580,000 | 7,589,000 | 11,842,000 | 16,020,000 |
| Provision for loan losses | 305,000 | 364,000 | 370,000 | 370,000 |
| Pretax income | 2,348,000 | 4,698,000 | 6,909,000 | 9,770,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,348,000 | 4,698,000 | 6,909,000 | 9,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,252,000 | 68,234,000 | 69,284,000 | 70,881,000 |
| Total capital | 75,176,000 | 75,143,000 | 76,129,000 | 77,764,000 |
| Risk-weighted assets | 561,768,000 | 552,678,000 | 547,476,000 | 550,561,000 |