Call reports 2020
PRIMIS BANK — 2020
What PRIMIS 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 | 2,763,762,000 | 3,073,615,000 | 3,156,527,000 | 3,090,131,000 |
| Total loans | 2,212,538,000 | 2,511,504,000 | 2,523,709,000 | 2,440,496,000 |
| Allowance for loan losses | 12,722,000 | 23,627,000 | 25,779,000 | 36,345,000 |
| Securities available for sale | 168,520,000 | 160,979,000 | 157,896,000 | 153,233,000 |
| Securities held to maturity | 59,234,000 | 53,958,000 | 49,323,000 | 40,721,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,080,622,000 | 2,160,721,000 | 2,281,544,000 | 2,493,769,000 |
| Interest-bearing deposits | 1,827,976,000 | 1,851,385,000 | 1,945,007,000 | 1,969,003,000 |
| Noninterest-bearing deposits | 252,646,000 | 309,335,000 | 336,537,000 | 524,766,000 |
| Equity capital | 424,024,000 | 429,810,000 | 440,445,000 | 445,806,000 |
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 | 28,481,000 | 57,153,000 | 85,860,000 | 117,779,000 |
| Interest expense | 7,116,000 | 12,481,000 | 17,133,000 | 21,803,000 |
| Net interest income | 21,365,000 | 44,672,000 | 68,727,000 | 95,976,000 |
| Noninterest income | 2,749,000 | 11,142,000 | 17,429,000 | 24,491,000 |
| Noninterest expense | 19,603,000 | 33,460,000 | 48,513,000 | 65,940,000 |
| Provision for loan losses | 3,451,000 | 14,349,000 | 16,349,000 | 19,449,000 |
| Pretax income | 1,061,000 | 8,005,000 | 21,294,000 | 35,077,000 |
| Income tax | 202,000 | 1,612,000 | 4,287,000 | 7,698,000 |
| Net income | 859,000 | 6,393,000 | 17,007,000 | 27,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 312,053,000 | 317,928,000 | 328,884,000 | 334,540,000 |
| Total capital | 324,775,000 | 341,555,000 | 354,663,000 | 361,073,000 |
| Risk-weighted assets | 2,159,823,000 | 2,147,186,000 | 2,185,066,000 | 2,112,836,000 |