Call reports 2024
PREMIER BANK — 2024
What PREMIER 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 | 1,084,820,000 | 1,080,776,000 | 1,090,802,000 | 1,136,616,000 |
| Total loans | 822,927,000 | 848,936,000 | 850,890,000 | 840,813,000 |
| Allowance for loan losses | 11,342,000 | 11,886,000 | 11,883,000 | 11,871,000 |
| Securities available for sale | 148,793,000 | 140,796,000 | 142,667,000 | 138,076,000 |
| Securities held to maturity | 1,405,000 | 1,405,000 | 1,405,000 | 1,405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 923,949,000 | 923,543,000 | 933,612,000 | 988,732,000 |
| Interest-bearing deposits | 724,752,000 | 738,978,000 | 749,047,000 | 804,167,000 |
| Noninterest-bearing deposits | 199,197,000 | 184,565,000 | 184,565,000 | 184,565,000 |
| Equity capital | 102,242,000 | 98,391,000 | 105,222,000 | 104,140,000 |
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 | 13,641,000 | 28,088,000 | 42,934,000 | 58,222,000 |
| Interest expense | 5,021,000 | 10,377,000 | 15,949,000 | 21,389,000 |
| Net interest income | 8,620,000 | 17,711,000 | 26,985,000 | 36,833,000 |
| Noninterest income | 1,022,000 | 2,547,000 | 3,514,000 | 4,670,000 |
| Noninterest expense | 4,648,000 | 9,829,000 | 14,670,000 | 19,893,000 |
| Provision for loan losses | 0 | 544,000 | 544,000 | 544,000 |
| Pretax income | 4,994,000 | 9,885,000 | 15,285,000 | 21,066,000 |
| Income tax | 1,420,000 | 2,805,000 | 4,330,000 | 5,964,000 |
| Net income | 3,574,000 | 7,080,000 | 10,955,000 | 15,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,144,000 | 107,698,000 | 111,573,000 | 111,720,000 |
| Total capital | 123,486,000 | 119,294,000 | 123,071,000 | 122,930,000 |
| Risk-weighted assets | 920,334,000 | 927,434,000 | 919,463,000 | 896,153,000 |