FACTANKER · measured, cited, anchored official records connected

Call reports 2016

PRIMIS BANK — 2016

What PRIMIS BANK reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/3dcd98ae-bd87-4c6f-ae48-3083cb557642/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets1,083,833,0001,120,247,0001,134,998,0001,142,002,000
Total loans870,639,000906,336,000912,831,000930,415,000
Allowance for loan losses8,690,0008,421,0008,469,0008,610,000
Securities available for sale3,871,0003,722,0003,908,0003,918,000
Securities held to maturity98,727,00092,285,00086,958,00085,300,000
Trading assets0000
Total deposits859,182,000904,339,000918,768,000914,358,000
Interest-bearing deposits769,389,000813,942,000823,704,000824,200,000
Noninterest-bearing deposits89,793,00090,397,00095,064,00090,157,000
Equity capital119,892,000121,720,000123,746,000125,047,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income11,625,00023,868,00036,439,00048,755,000
Interest expense1,962,0004,079,0006,324,0008,633,000
Net interest income9,663,00019,789,00030,115,00040,122,000
Noninterest income439,0001,526,0002,769,0002,878,000
Noninterest expense5,872,00011,464,00016,792,00022,528,000
Provision for loan losses625,0002,012,0004,062,0004,912,000
Pretax income3,605,0007,839,00012,030,00015,560,000
Income tax1,006,0002,417,0003,809,0005,147,000
Net income2,599,0005,422,0008,221,00010,413,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital109,779,000111,527,000113,455,000114,779,000
Total capital118,469,000119,948,000121,924,000123,389,000
Risk-weighted assets867,941,000896,989,000910,705,000914,466,000