Call reports 2014
PRIMIS BANK — 2014
What PRIMIS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 712,930,000 | 774,355,000 | 882,696,000 | 916,314,000 |
| Total loans | 539,049,000 | 590,350,000 | 665,834,000 | 703,472,000 |
| Allowance for loan losses | 7,356,000 | 7,336,000 | 7,124,000 | 7,414,000 |
| Securities available for sale | 2,135,000 | 2,207,000 | 2,271,000 | 2,285,000 |
| Securities held to maturity | 86,106,000 | 84,830,000 | 89,993,000 | 94,058,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 557,329,000 | 570,464,000 | 699,825,000 | 743,510,000 |
| Interest-bearing deposits | 509,316,000 | 519,961,000 | 627,406,000 | 672,864,000 |
| Noninterest-bearing deposits | 48,013,000 | 50,503,000 | 72,419,000 | 70,646,000 |
| Equity capital | 106,743,000 | 107,692,000 | 114,714,000 | 112,879,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,641,000 | 17,567,000 | 27,533,000 | 38,040,000 |
| Interest expense | 1,054,000 | 2,121,000 | 3,293,000 | 4,673,000 |
| Net interest income | 7,587,000 | 15,446,000 | 24,240,000 | 33,367,000 |
| Noninterest income | 976,000 | 1,535,000 | 2,354,000 | 2,889,000 |
| Noninterest expense | 4,886,000 | 10,302,000 | 15,733,000 | 21,372,000 |
| Provision for loan losses | 1,175,000 | 1,369,000 | 2,344,000 | 3,444,000 |
| Pretax income | 2,486,000 | 5,269,000 | 8,476,000 | 11,399,000 |
| Income tax | 810,000 | 1,787,000 | 2,853,000 | 3,809,000 |
| Net income | 1,676,000 | 3,482,000 | 5,623,000 | 7,590,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,880,000 | 100,835,000 | 104,211,000 | 104,007,000 |
| Total capital | 106,571,000 | 108,171,000 | 111,335,000 | 111,421,000 |
| Risk-weighted assets | 535,772,000 | 591,388,000 | 646,855,000 | 691,471,000 |