Call reports 2018
PREVAIL BANK — 2018
What PREVAIL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 594,112,000 | 594,619,000 | 588,262,000 | 581,840,000 |
| Total loans | 380,617,000 | 377,855,000 | 378,155,000 | 376,324,000 |
| Allowance for loan losses | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Securities available for sale | 171,007,000 | 176,686,000 | 172,070,000 | 172,138,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 463,049,000 | 462,679,000 | 455,388,000 | 444,816,000 |
| Interest-bearing deposits | 451,698,000 | 448,548,000 | 440,669,000 | 428,575,000 |
| Noninterest-bearing deposits | 11,351,000 | 14,131,000 | 14,719,000 | 16,241,000 |
| Equity capital | 130,175,000 | 130,958,000 | 131,316,000 | 133,523,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,352,000 | 8,778,000 | 13,244,000 | 17,729,000 |
| Interest expense | 917,000 | 1,886,000 | 2,957,000 | 4,126,000 |
| Net interest income | 3,435,000 | 6,892,000 | 10,287,000 | 13,603,000 |
| Noninterest income | 109,000 | 221,000 | 332,000 | 445,000 |
| Noninterest expense | 2,143,000 | 4,471,000 | 6,619,000 | 8,856,000 |
| Provision for loan losses | 50,000 | 79,000 | 90,000 | -20,000 |
| Pretax income | 1,372,000 | 2,584,000 | 3,946,000 | 5,254,000 |
| Income tax | 247,000 | 460,000 | 734,000 | 998,000 |
| Net income | 1,125,000 | 2,124,000 | 3,212,000 | 4,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 132,939,000 | 133,938,000 | 135,027,000 | 136,070,000 |
| Total capital | 133,939,000 | 134,938,000 | 136,027,000 | 137,070,000 |
| Risk-weighted assets | 249,849,000 | 250,513,000 | 251,190,000 | 249,645,000 |