Call reports 2008
PREMIER COMMERCIAL BANK, NATIONAL ASSOCIATION — 2008
What PREMIER COMMERCIAL BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 349,232,000 | 388,451,000 | 386,780,000 | 403,827,000 |
| Total loans | 305,009,000 | 316,693,000 | 339,689,000 | 356,344,000 |
| Allowance for loan losses | 3,595,000 | 3,693,000 | 3,988,000 | 4,285,000 |
| Securities available for sale | 7,312,000 | 3,721,000 | 13,067,000 | 13,210,000 |
| Securities held to maturity | 5,393,000 | 5,393,000 | 4,702,000 | 4,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 309,598,000 | 349,606,000 | 343,897,000 | 307,705,000 |
| Interest-bearing deposits | 217,316,000 | 257,754,000 | 258,181,000 | 239,267,000 |
| Noninterest-bearing deposits | 92,282,000 | 91,852,000 | 85,716,000 | 68,438,000 |
| Equity capital | 33,228,000 | 33,700,000 | 36,156,000 | 37,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 5,432,000 | 10,572,000 | 16,148,000 | 21,803,000 |
| Interest expense | 2,185,000 | 4,092,000 | 6,075,000 | 7,931,000 |
| Net interest income | 3,247,000 | 6,480,000 | 10,073,000 | 13,872,000 |
| Noninterest income | 1,324,000 | 1,880,000 | 2,150,000 | 2,500,000 |
| Noninterest expense | 3,721,000 | 6,981,000 | 9,851,000 | 12,319,000 |
| Provision for loan losses | 35,000 | 135,000 | 430,000 | 725,000 |
| Pretax income | 815,000 | 1,244,000 | 1,942,000 | 3,328,000 |
| Income tax | 316,000 | 477,000 | 745,000 | 1,297,000 |
| Net income | 499,000 | 767,000 | 1,197,000 | 2,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,162,000 | 33,649,000 | 36,080,000 | 36,904,000 |
| Total capital | 36,902,000 | 37,487,000 | 40,248,000 | 41,334,000 |
| Risk-weighted assets | 342,215,000 | 366,015,000 | 379,794,000 | 395,420,000 |