Call reports 2004
PREMIERWEST BANK — 2004
What PREMIERWEST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 748,437,000 | 774,754,000 | 768,374,000 | 802,515,000 |
| Total loans | 582,295,000 | 613,827,000 | 635,478,000 | 688,387,000 |
| Allowance for loan losses | 11,757,000 | 8,651,000 | 8,794,000 | 9,171,000 |
| Securities available for sale | 30,918,000 | 22,833,000 | 8,640,000 | 6,515,000 |
| Securities held to maturity | 0 | 0 | 12,782,000 | 11,245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 634,694,000 | 661,440,000 | 672,205,000 | 689,198,000 |
| Interest-bearing deposits | 478,869,000 | 490,444,000 | 494,252,000 | 502,601,000 |
| Noninterest-bearing deposits | 155,825,000 | 170,996,000 | 177,953,000 | 186,597,000 |
| Equity capital | 82,317,000 | 84,114,000 | 86,762,000 | 99,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 9,524,000 | 19,891,000 | 31,131,000 | 42,878,000 |
| Interest expense | 1,518,000 | 3,066,000 | 4,616,000 | 6,351,000 |
| Net interest income | 8,006,000 | 16,825,000 | 26,515,000 | 36,527,000 |
| Noninterest income | 1,548,000 | 3,239,000 | 4,636,000 | 6,233,000 |
| Noninterest expense | 6,505,000 | 13,652,000 | 20,953,000 | 28,308,000 |
| Provision for loan losses | 300,000 | 500,000 | 650,000 | 800,000 |
| Pretax income | 2,749,000 | 5,913,000 | 9,549,000 | 13,653,000 |
| Income tax | 904,000 | 1,940,000 | 3,135,000 | 4,486,000 |
| Net income | 1,845,000 | 3,973,000 | 6,414,000 | 9,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,152,000 | 60,725,000 | 63,232,000 | 76,561,000 |
| Total capital | 66,273,000 | 69,289,000 | 72,026,000 | 85,732,000 |
| Risk-weighted assets | 646,074,000 | 685,022,000 | 716,437,000 | 760,837,000 |