Call reports 2023
PRIMIS BANK — 2023
What PRIMIS BANK 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 | 4,211,782,000 | 3,858,929,000 | 3,831,355,000 | 3,852,352,000 |
| Total loans | 3,095,816,000 | 3,246,976,000 | 3,238,554,000 | 3,275,605,000 |
| Allowance for loan losses | 35,803,000 | 38,541,000 | 35,862,000 | 52,209,000 |
| Securities available for sale | 231,468,000 | 223,087,000 | 216,875,000 | 228,420,000 |
| Securities held to maturity | 13,115,000 | 12,378,000 | 11,975,000 | 11,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,685,115,000 | 3,330,733,000 | 3,301,504,000 | 3,322,479,000 |
| Interest-bearing deposits | 3,254,108,000 | 2,933,633,000 | 2,919,464,000 | 2,933,122,000 |
| Noninterest-bearing deposits | 431,007,000 | 397,100,000 | 382,040,000 | 389,357,000 |
| Equity capital | 467,452,000 | 464,437,000 | 455,591,000 | 438,514,000 |
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 | 44,185,000 | 94,312,000 | 142,271,000 | 192,377,000 |
| Interest expense | 17,287,000 | 42,435,000 | 64,366,000 | 87,029,000 |
| Net interest income | 26,898,000 | 51,877,000 | 77,905,000 | 105,348,000 |
| Noninterest income | 17,671,000 | 26,608,000 | 36,333,000 | 44,774,000 |
| Noninterest expense | 26,646,000 | 56,736,000 | 93,394,000 | 117,976,000 |
| Provision for loan losses | 5,263,000 | 9,615,000 | 11,231,000 | 32,540,000 |
| Pretax income | 12,660,000 | 12,134,000 | 9,613,000 | -394,000 |
| Income tax | 2,820,000 | 2,702,000 | 4,638,000 | 403,000 |
| Net income | 9,840,000 | 9,432,000 | 4,975,000 | -797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 383,388,000 | 383,305,000 | 390,322,000 | 364,874,000 |
| Total capital | 420,705,000 | 423,128,000 | 427,210,000 | 406,960,000 |
| Risk-weighted assets | 3,146,996,000 | 3,329,864,000 | 3,310,408,000 | 3,355,177,000 |