Call reports 2008
PREMIER BANK — 2008
What PREMIER BANK 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 | 552,769,000 | 560,144,000 | 578,565,000 | 592,709,000 |
| Total loans | 475,704,000 | 475,565,000 | 491,292,000 | 485,279,000 |
| Allowance for loan losses | 8,094,000 | 9,045,000 | 9,228,000 | 11,178,000 |
| Securities available for sale | 46,515,000 | 45,781,000 | 46,035,000 | 46,261,000 |
| Securities held to maturity | 1,118,000 | 1,117,000 | 1,116,000 | 1,096,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 465,199,000 | 453,288,000 | 464,164,000 | 488,056,000 |
| Interest-bearing deposits | 428,281,000 | 420,360,000 | 441,130,000 | 466,284,000 |
| Noninterest-bearing deposits | 36,918,000 | 32,928,000 | 23,034,000 | 21,773,000 |
| Equity capital | 49,161,000 | 48,568,000 | 49,985,000 | 52,531,000 |
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 | 8,972,000 | 16,517,000 | 25,027,000 | 32,891,000 |
| Interest expense | 4,059,000 | 7,758,000 | 11,285,000 | 14,875,000 |
| Net interest income | 4,913,000 | 8,759,000 | 13,742,000 | 18,016,000 |
| Noninterest income | 758,000 | 1,007,000 | 1,785,000 | 2,112,000 |
| Noninterest expense | 2,946,000 | 5,356,000 | 8,264,000 | 10,641,000 |
| Provision for loan losses | 586,000 | 3,343,000 | 4,495,000 | 8,197,000 |
| Pretax income | 2,254,000 | 1,183,000 | 2,884,000 | 1,406,000 |
| Income tax | 1,013,000 | 174,000 | 685,000 | -3,101,000 |
| Net income | 1,241,000 | 1,009,000 | 2,199,000 | 4,507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,059,000 | 48,819,000 | 50,009,000 | 52,316,000 |
| Total capital | 55,230,000 | 55,056,000 | 56,484,000 | 58,916,000 |
| Risk-weighted assets | 491,758,000 | 496,721,000 | 515,238,000 | 523,364,000 |