Call reports 2023
PRIMEBANK — 2023
What PRIMEBANK 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 | 652,930,000 | 676,200,000 | 689,918,000 | 721,449,000 |
| Total loans | 572,471,000 | 590,070,000 | 612,321,000 | 641,800,000 |
| Allowance for loan losses | 5,675,000 | 5,877,000 | 6,121,000 | 6,413,000 |
| Securities available for sale | 58,247,000 | 54,993,000 | 52,752,000 | 52,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 571,937,000 | 580,588,000 | 586,278,000 | 608,141,000 |
| Interest-bearing deposits | 459,761,000 | 464,453,000 | 488,364,000 | 505,947,000 |
| Noninterest-bearing deposits | 112,176,000 | 116,135,000 | 97,914,000 | 102,194,000 |
| Equity capital | 62,204,000 | 63,190,000 | 62,986,000 | 65,699,000 |
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 | 7,221,000 | 15,321,000 | 24,012,000 | 33,359,000 |
| Interest expense | 2,362,000 | 5,522,000 | 9,376,000 | 14,070,000 |
| Net interest income | 4,859,000 | 9,799,000 | 14,636,000 | 19,289,000 |
| Noninterest income | 619,000 | 1,258,000 | 1,872,000 | 2,617,000 |
| Noninterest expense | 2,616,000 | 5,403,000 | 8,297,000 | 11,219,000 |
| Provision for loan losses | 0 | 106,000 | 354,000 | 649,000 |
| Pretax income | 2,862,000 | 5,554,000 | 7,874,000 | 10,049,000 |
| Income tax | 113,000 | 221,000 | 314,000 | 386,000 |
| Net income | 2,749,000 | 5,333,000 | 7,560,000 | 9,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,361,000 | 67,625,000 | 68,533,000 | 69,316,000 |
| Total capital | 72,112,000 | 73,572,000 | 74,726,000 | 75,806,000 |
| Risk-weighted assets | 566,136,000 | 579,679,000 | 596,542,000 | 624,849,000 |