Call reports 2024
PRIMIS BANK — 2024
What PRIMIS BANK 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 | 3,880,613,000 | 3,956,307,000 | 4,016,685,000 | 3,679,664,000 |
| Total loans | 3,298,383,000 | 3,393,956,000 | 3,431,445,000 | 3,133,555,000 |
| Allowance for loan losses | 53,456,000 | 51,574,000 | 51,132,000 | 53,724,000 |
| Securities available for sale | 230,617,000 | 232,867,000 | 242,543,000 | 235,903,000 |
| Securities held to maturity | 10,992,000 | 10,649,000 | 9,766,000 | 9,448,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,354,363,000 | 3,369,002,000 | 3,333,029,000 | 3,211,839,000 |
| Interest-bearing deposits | 2,977,443,000 | 2,989,124,000 | 2,908,354,000 | 2,784,214,000 |
| Noninterest-bearing deposits | 376,920,000 | 379,878,000 | 424,675,000 | 427,625,000 |
| Equity capital | 441,120,000 | 447,081,000 | 456,356,000 | 411,249,000 |
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 | 50,280,000 | 102,430,000 | 159,491,000 | 210,753,000 |
| Interest expense | 23,390,000 | 48,940,000 | 76,287,000 | 99,796,000 |
| Net interest income | 26,890,000 | 53,490,000 | 83,204,000 | 110,957,000 |
| Noninterest income | 10,228,000 | 21,077,000 | 30,356,000 | 43,357,000 |
| Noninterest expense | 24,981,000 | 52,666,000 | 80,669,000 | 114,488,000 |
| Provision for loan losses | 6,508,000 | 9,627,000 | 17,138,000 | 50,621,000 |
| Pretax income | 5,629,000 | 12,822,000 | 16,206,000 | -10,336,000 |
| Income tax | 1,185,000 | 2,881,000 | 2,996,000 | -2,526,000 |
| Net income | 4,444,000 | 9,941,000 | 13,210,000 | -7,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 369,642,000 | 375,464,000 | 378,261,000 | 338,140,000 |
| Total capital | 411,466,000 | 418,109,000 | 423,927,000 | 377,532,000 |
| Risk-weighted assets | 3,332,668,000 | 3,401,630,000 | 3,647,347,000 | 3,135,842,000 |