Call reports 2020
PREMIER BANK — 2020
What PREMIER BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 838,616,000 | 960,494,000 | 974,231,000 | 926,970,000 |
| Total loans | 661,748,000 | 707,101,000 | 713,850,000 | 683,797,000 |
| Allowance for loan losses | 6,417,000 | 6,831,000 | 8,188,000 | 8,412,000 |
| Securities available for sale | 74,484,000 | 83,428,000 | 70,520,000 | 70,062,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 741,965,000 | 861,270,000 | 872,921,000 | 832,959,000 |
| Interest-bearing deposits | 706,876,000 | 816,967,000 | 831,213,000 | 778,060,000 |
| Noninterest-bearing deposits | 35,089,000 | 44,303,000 | 41,708,000 | 54,899,000 |
| Equity capital | 91,321,000 | 95,259,000 | 97,239,000 | 90,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,380,000 | 20,308,000 | 28,957,000 | 37,386,000 |
| Interest expense | 1,438,000 | 2,660,000 | 3,762,000 | 4,673,000 |
| Net interest income | 7,942,000 | 17,648,000 | 25,195,000 | 32,713,000 |
| Noninterest income | 884,000 | 1,720,000 | 2,787,000 | 4,527,000 |
| Noninterest expense | 3,822,000 | 7,683,000 | 11,205,000 | 15,076,000 |
| Provision for loan losses | 390,000 | 1,928,000 | 4,215,000 | 4,215,000 |
| Pretax income | 5,105,000 | 10,298,000 | 13,103,000 | 18,489,000 |
| Income tax | 1,444,000 | 2,912,000 | 3,694,000 | 5,223,000 |
| Net income | 3,661,000 | 7,386,000 | 9,409,000 | 13,266,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,722,000 | 94,447,000 | 96,469,000 | 90,248,000 |
| Total capital | 97,139,000 | 101,278,000 | 104,657,000 | 98,660,000 |
| Risk-weighted assets | 707,842,000 | 698,305,000 | 693,626,000 | 696,493,000 |