Call reports 2024
PRIMEBANK — 2024
What PRIMEBANK 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 | 713,752,000 | 710,448,000 | 722,749,000 | 732,434,000 |
| Total loans | 640,956,000 | 636,017,000 | 646,434,000 | 662,514,000 |
| Allowance for loan losses | 6,441,000 | 6,467,000 | 6,566,000 | 6,590,000 |
| Securities available for sale | 50,538,000 | 45,852,000 | 45,906,000 | 43,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 623,412,000 | 616,991,000 | 626,595,000 | 642,908,000 |
| Interest-bearing deposits | 532,525,000 | 528,696,000 | 538,544,000 | 547,824,000 |
| Noninterest-bearing deposits | 90,887,000 | 88,295,000 | 88,051,000 | 95,084,000 |
| Equity capital | 66,295,000 | 67,069,000 | 69,759,000 | 70,429,000 |
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 | 9,622,000 | 19,397,000 | 29,680,000 | 39,949,000 |
| Interest expense | 4,977,000 | 10,170,000 | 15,491,000 | 20,696,000 |
| Net interest income | 4,645,000 | 9,227,000 | 14,189,000 | 19,253,000 |
| Noninterest income | 632,000 | 1,307,000 | 2,006,000 | 2,828,000 |
| Noninterest expense | 2,924,000 | 5,843,000 | 8,735,000 | 11,612,000 |
| Provision for loan losses | 63,000 | 355,000 | 448,000 | 905,000 |
| Pretax income | 2,253,000 | 4,291,000 | 6,960,000 | 9,519,000 |
| Income tax | 84,000 | 160,000 | 259,000 | 334,000 |
| Net income | 2,169,000 | 4,131,000 | 6,701,000 | 9,185,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,045,000 | 70,807,000 | 72,176,000 | 73,701,000 |
| Total capital | 76,600,000 | 77,396,000 | 78,871,000 | 80,413,000 |
| Risk-weighted assets | 622,182,000 | 617,717,000 | 628,388,000 | 639,973,000 |