Call reports 2017
PREVAIL BANK — 2017
What PREVAIL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 608,785,000 | 606,035,000 | 601,294,000 | 601,951,000 |
| Total loans | 382,002,000 | 385,366,000 | 386,774,000 | 385,543,000 |
| Allowance for loan losses | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Securities available for sale | 189,991,000 | 194,557,000 | 186,193,000 | 182,971,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 480,463,000 | 474,637,000 | 468,575,000 | 469,577,000 |
| Interest-bearing deposits | 466,988,000 | 462,397,000 | 457,084,000 | 456,565,000 |
| Noninterest-bearing deposits | 13,475,000 | 12,240,000 | 11,491,000 | 13,012,000 |
| Equity capital | 127,749,000 | 130,221,000 | 131,071,000 | 131,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,282,000 | 8,664,000 | 13,047,000 | 17,466,000 |
| Interest expense | 763,000 | 1,569,000 | 2,400,000 | 3,291,000 |
| Net interest income | 3,519,000 | 7,095,000 | 10,647,000 | 14,175,000 |
| Noninterest income | 107,000 | 211,000 | 307,000 | 421,000 |
| Noninterest expense | 2,087,000 | 4,164,000 | 6,370,000 | 8,805,000 |
| Provision for loan losses | 15,000 | 40,000 | 92,000 | 93,000 |
| Pretax income | 1,556,000 | 3,137,000 | 4,600,000 | 5,711,000 |
| Income tax | 441,000 | 879,000 | 1,267,000 | 1,623,000 |
| Net income | 1,115,000 | 2,258,000 | 3,333,000 | 4,088,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,710,000 | 129,854,000 | 130,928,000 | 131,814,000 |
| Total capital | 129,710,000 | 130,854,000 | 131,928,000 | 132,814,000 |
| Risk-weighted assets | 252,735,000 | 254,164,000 | 255,781,000 | 252,453,000 |