Call reports 2020
PREVAIL BANK — 2020
What PREVAIL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 785,816,000 | 835,710,000 | 834,407,000 | 860,665,000 |
| Total loans | 542,600,000 | 557,860,000 | 570,091,000 | 576,295,000 |
| Allowance for loan losses | 2,498,000 | 3,449,000 | 4,217,000 | 4,385,000 |
| Securities available for sale | 143,585,000 | 151,825,000 | 153,374,000 | 169,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 633,793,000 | 665,770,000 | 672,977,000 | 696,607,000 |
| Interest-bearing deposits | 582,496,000 | 594,758,000 | 602,130,000 | 618,764,000 |
| Noninterest-bearing deposits | 51,297,000 | 71,012,000 | 70,847,000 | 77,843,000 |
| Equity capital | 139,117,000 | 141,645,000 | 142,540,000 | 144,614,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 6,788,000 | 13,619,000 | 19,457,000 | 25,961,000 |
| Interest expense | 1,802,000 | 3,373,000 | 4,741,000 | 5,895,000 |
| Net interest income | 4,986,000 | 10,246,000 | 14,716,000 | 20,066,000 |
| Noninterest income | 278,000 | 636,000 | 1,239,000 | 1,896,000 |
| Noninterest expense | 4,260,000 | 7,824,000 | 11,612,000 | 15,431,000 |
| Provision for loan losses | 1,499,000 | 2,503,000 | 3,281,000 | 3,449,000 |
| Pretax income | -396,000 | 752,000 | 1,330,000 | 3,350,000 |
| Income tax | -176,000 | 32,000 | 152,000 | 592,000 |
| Net income | -220,000 | 720,000 | 1,178,000 | 2,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,319,000 | 109,307,000 | 109,812,000 | 110,923,000 |
| Total capital | 110,817,000 | 112,756,000 | 114,029,000 | 115,308,000 |
| Risk-weighted assets | 427,208,000 | 430,348,000 | 452,270,000 | 470,915,000 |