Call reports 2016
PREVAIL BANK — 2016
What PREVAIL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 614,151,000 | 611,727,000 | 613,362,000 | 605,441,000 |
| Total loans | 361,743,000 | 364,681,000 | 373,145,000 | 380,765,000 |
| Allowance for loan losses | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Securities available for sale | 214,200,000 | 208,898,000 | 207,814,000 | 195,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 486,972,000 | 482,089,000 | 482,770,000 | 478,277,000 |
| Interest-bearing deposits | 476,667,000 | 471,104,000 | 468,998,000 | 465,795,000 |
| Noninterest-bearing deposits | 10,305,000 | 10,985,000 | 13,772,000 | 12,482,000 |
| Equity capital | 125,392,000 | 127,291,000 | 128,199,000 | 126,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,393,000 | 8,727,000 | 13,093,000 | 17,417,000 |
| Interest expense | 728,000 | 1,461,000 | 2,211,000 | 2,974,000 |
| Net interest income | 3,665,000 | 7,266,000 | 10,882,000 | 14,443,000 |
| Noninterest income | 35,000 | 81,000 | 163,000 | 262,000 |
| Noninterest expense | 2,012,000 | 4,028,000 | 6,023,000 | 8,170,000 |
| Provision for loan losses | 265,000 | 286,000 | 312,000 | 331,000 |
| Pretax income | 1,423,000 | 3,058,000 | 4,774,000 | 6,268,000 |
| Income tax | 439,000 | 960,000 | 1,468,000 | 1,889,000 |
| Net income | 984,000 | 2,098,000 | 3,306,000 | 4,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,200,000 | 125,713,000 | 126,522,000 | 127,595,000 |
| Total capital | 125,200,000 | 126,713,000 | 127,522,000 | 128,595,000 |
| Risk-weighted assets | 238,010,000 | 243,945,000 | 247,474,000 | 251,977,000 |