Call reports 2024
PRIME ALLIANCE BANK — 2024
What PRIME ALLIANCE BANK 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 | 724,991,000 | 745,855,000 | 787,137,000 | 842,840,000 |
| Total loans | 581,154,000 | 602,498,000 | 599,450,000 | 666,853,000 |
| Allowance for loan losses | 24,531,000 | 24,014,000 | 20,911,000 | 22,776,000 |
| Securities available for sale | 123,869,000 | 126,752,000 | 141,661,000 | 142,739,000 |
| Securities held to maturity | 1,762,000 | 1,744,000 | 1,724,000 | 1,357,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 649,268,000 | 667,795,000 | 703,987,000 | 764,783,000 |
| Interest-bearing deposits | 621,846,000 | 645,040,000 | 677,649,000 | 736,150,000 |
| Noninterest-bearing deposits | 27,422,000 | 22,755,000 | 26,338,000 | 28,633,000 |
| Equity capital | 72,029,000 | 74,750,000 | 80,089,000 | 75,041,000 |
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 | 14,346,000 | 28,361,000 | 44,185,000 | 60,327,000 |
| Interest expense | 6,691,000 | 13,434,000 | 21,170,000 | 28,852,000 |
| Net interest income | 7,655,000 | 14,927,000 | 23,015,000 | 31,475,000 |
| Noninterest income | 13,000 | 42,000 | 54,000 | 69,000 |
| Noninterest expense | 1,384,000 | 3,311,000 | 4,959,000 | 7,154,000 |
| Provision for loan losses | 454,000 | 1,618,000 | 3,868,000 | 8,123,000 |
| Pretax income | 5,830,000 | 10,040,000 | 14,242,000 | 16,108,000 |
| Income tax | 9,000 | 10,000 | 11,000 | 11,000 |
| Net income | 5,821,000 | 10,030,000 | 14,231,000 | 16,097,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,210,000 | 83,507,000 | 85,812,000 | 84,818,000 |
| Total capital | 89,372,000 | 91,864,000 | 94,006,000 | 94,225,000 |
| Risk-weighted assets | 636,463,000 | 652,757,000 | 642,674,000 | 738,835,000 |