FACTANKER · measured, cited, anchored official records connected

Call reports 2022

PRIMEBANK — 2022

What PRIMEBANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/4f902622-bc72-45a9-9363-4ec6e211cbd2/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets570,437,000588,138,000610,855,000643,059,000
Total loans481,256,000500,590,000529,403,000555,906,000
Allowance for loan losses4,883,0005,007,0005,331,0005,742,000
Securities available for sale67,518,00062,416,00059,111,00057,483,000
Securities held to maturity0000
Trading assets0000
Total deposits510,184,000528,227,000545,855,000551,542,000
Interest-bearing deposits397,925,000400,880,000417,937,000426,761,000
Noninterest-bearing deposits112,259,000127,347,000127,918,000124,781,000
Equity capital59,442,00059,015,00058,747,00060,176,000

Income

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

Measure2022Q12022Q22022Q32022Q4
Interest income5,009,00010,419,00016,420,00023,849,000
Interest expense524,0001,069,0001,846,0003,626,000
Net interest income4,485,0009,350,00014,574,00020,223,000
Noninterest income718,0001,441,0002,105,0002,828,000
Noninterest expense2,517,0005,157,0007,892,00010,654,000
Provision for loan losses50,000150,000450,0001,200,000
Pretax income2,634,0005,475,0008,345,00011,194,000
Income tax45,000182,000327,000372,000
Net income2,589,0005,293,0008,018,00010,822,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital61,260,00062,465,00063,809,00065,113,000
Total capital66,143,00067,472,00069,140,00070,855,000
Risk-weighted assets482,994,000504,122,000532,544,000555,250,000