Call reports 2023
PRINSBANK — 2023
What PRINSBANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 192,532,000 | 179,498,000 | 194,970,000 | 191,255,000 |
| Total loans | 133,326,000 | 147,234,000 | 142,449,000 | 144,127,000 |
| Allowance for loan losses | 8,846,000 | 9,254,000 | 10,478,000 | 10,233,000 |
| Securities available for sale | 10,055,000 | 7,076,000 | 9,302,000 | 8,482,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,647,000 | 146,545,000 | 160,338,000 | 158,359,000 |
| Interest-bearing deposits | 119,997,000 | 110,072,000 | 115,302,000 | 119,510,000 |
| Noninterest-bearing deposits | 41,650,000 | 36,473,000 | 45,036,000 | 38,849,000 |
| Equity capital | 28,434,000 | 29,311,000 | 29,755,000 | 30,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,113,000 | 6,170,000 | 10,149,000 | 13,942,000 |
| Interest expense | 480,000 | 1,050,000 | 1,870,000 | 2,818,000 |
| Net interest income | 2,633,000 | 5,120,000 | 8,279,000 | 11,124,000 |
| Noninterest income | 1,027,000 | 1,799,000 | 2,593,000 | 3,127,000 |
| Noninterest expense | 1,935,000 | 3,871,000 | 5,422,000 | 7,473,000 |
| Provision for loan losses | 199,000 | 448,000 | 1,547,000 | 1,946,000 |
| Pretax income | 1,539,000 | 2,623,000 | 3,937,000 | 4,890,000 |
| Income tax | 165,000 | 330,000 | 495,000 | 712,000 |
| Net income | 1,374,000 | 2,293,000 | 3,442,000 | 4,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,540,000 | 29,459,000 | 29,848,000 | 30,585,000 |
| Total capital | 30,529,000 | 31,431,000 | 31,772,000 | 32,551,000 |
| Risk-weighted assets | 152,296,000 | 150,486,000 | 145,402,000 | 149,089,000 |