Call reports 2024
PRINSBANK — 2024
What PRINSBANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 192,825,000 | 193,392,000 | 194,164,000 | 204,429,000 |
| Total loans | 135,962,000 | 135,477,000 | 144,489,000 | 136,477,000 |
| Allowance for loan losses | 10,592,000 | 10,729,000 | 11,114,000 | 11,172,000 |
| Securities available for sale | 8,542,000 | 7,025,000 | 10,921,000 | 10,778,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,732,000 | 158,283,000 | 156,945,000 | 168,930,000 |
| Interest-bearing deposits | 127,649,000 | 126,420,000 | 129,853,000 | 136,817,000 |
| Noninterest-bearing deposits | 32,083,000 | 31,863,000 | 27,092,000 | 32,113,000 |
| Equity capital | 29,696,000 | 30,747,000 | 31,479,000 | 32,322,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,040,000 | 6,428,000 | 10,120,000 | 13,252,000 |
| Interest expense | 1,074,000 | 2,264,000 | 3,513,000 | 4,752,000 |
| Net interest income | 1,966,000 | 4,164,000 | 6,607,000 | 8,500,000 |
| Noninterest income | 574,000 | 1,522,000 | 2,545,000 | 2,999,000 |
| Noninterest expense | 1,392,000 | 3,184,000 | 5,206,000 | 6,259,000 |
| Provision for loan losses | 99,000 | 198,000 | 297,000 | 311,000 |
| Pretax income | 1,054,000 | 2,291,000 | 3,645,000 | 4,847,000 |
| Income tax | 262,000 | 442,000 | 622,000 | 802,000 |
| Net income | 792,000 | 1,849,000 | 3,023,000 | 4,045,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,674,000 | 30,747,000 | 31,295,000 | 32,322,000 |
| Total capital | 31,565,000 | 32,639,000 | 33,265,000 | 34,238,000 |
| Risk-weighted assets | 142,647,000 | 142,471,000 | 148,525,000 | 143,950,000 |