Call reports 2023
PRIMARY BANK — 2023
What PRIMARY 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 | 693,867,000 | 695,227,000 | 697,563,000 | 693,138,000 |
| Total loans | 581,160,000 | 582,250,000 | 579,194,000 | 588,571,000 |
| Allowance for loan losses | 6,401,000 | 6,022,000 | 6,361,000 | 6,712,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,664,000 | 9,525,000 | 9,364,000 | 9,246,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 607,363,000 | 607,749,000 | 607,269,000 | 600,781,000 |
| Interest-bearing deposits | 406,432,000 | 405,134,000 | 404,905,000 | 413,076,000 |
| Noninterest-bearing deposits | 200,931,000 | 202,615,000 | 202,364,000 | 187,705,000 |
| Equity capital | 80,605,000 | 83,914,000 | 86,533,000 | 88,263,000 |
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 | 8,537,000 | 17,764,000 | 27,099,000 | 36,910,000 |
| Interest expense | 1,691,000 | 3,955,000 | 6,537,000 | 9,428,000 |
| Net interest income | 6,846,000 | 13,809,000 | 20,562,000 | 27,482,000 |
| Noninterest income | 133,000 | 271,000 | 421,000 | 600,000 |
| Noninterest expense | 3,285,000 | 6,344,000 | 9,366,000 | 13,613,000 |
| Provision for loan losses | -116,000 | -182,000 | 357,000 | 735,000 |
| Pretax income | 3,810,000 | 7,918,000 | 11,260,000 | 13,734,000 |
| Income tax | 1,029,000 | 2,154,000 | 3,066,000 | 3,733,000 |
| Net income | 2,781,000 | 5,764,000 | 8,194,000 | 10,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,605,000 | 83,914,000 | 86,534,000 | 88,262,000 |
| Total capital | 87,006,000 | 89,936,000 | 92,895,000 | 94,974,000 |
| Risk-weighted assets | 606,299,000 | 611,527,000 | 607,638,000 | 623,388,000 |