Call reports 2008
PREMIERWEST BANK — 2008
What PREMIERWEST 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 | 1,467,564,000 | 1,486,675,000 | 1,469,753,000 | 1,475,098,000 |
| Total loans | 1,261,615,000 | 1,273,680,000 | 1,268,536,000 | 1,246,879,000 |
| Allowance for loan losses | 20,264,000 | 24,423,000 | 20,960,000 | 17,157,000 |
| Securities available for sale | 236,000 | 210,000 | 204,000 | 188,000 |
| Securities held to maturity | 30,729,000 | 34,263,000 | 34,537,000 | 36,217,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,230,294,000 | 1,221,157,000 | 1,227,737,000 | 1,211,607,000 |
| Interest-bearing deposits | 994,190,000 | 985,973,000 | 995,300,000 | 982,531,000 |
| Noninterest-bearing deposits | 236,104,000 | 235,185,000 | 232,438,000 | 229,076,000 |
| Equity capital | 218,563,000 | 217,415,000 | 217,519,000 | 206,089,000 |
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 | 23,312,000 | 46,616,000 | 69,556,000 | 90,251,000 |
| Interest expense | 7,821,000 | 14,845,000 | 21,709,000 | 27,840,000 |
| Net interest income | 15,491,000 | 31,771,000 | 47,847,000 | 62,411,000 |
| Noninterest income | 2,285,000 | 4,854,000 | 7,391,000 | 10,028,000 |
| Noninterest expense | 11,351,000 | 23,348,000 | 34,702,000 | 46,492,000 |
| Provision for loan losses | 3,075,000 | 8,300,000 | 13,050,000 | 36,500,000 |
| Pretax income | 3,350,000 | 4,977,000 | 7,486,000 | -10,553,000 |
| Income tax | 1,161,000 | 1,688,000 | 2,492,000 | -4,655,000 |
| Net income | 2,189,000 | 3,289,000 | 4,994,000 | -5,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 143,261,000 | 139,303,000 | 139,642,000 | 133,198,000 |
| Total capital | 160,553,000 | 156,943,000 | 156,959,000 | 150,399,000 |
| Risk-weighted assets | 1,380,089,000 | 1,404,114,000 | 1,381,432,000 | 1,375,950,000 |