Call reports 2011
PREMIERWEST BANK — 2011
What PREMIERWEST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,371,722,000 | 1,320,892,000 | 1,300,255,000 | 1,264,931,000 |
| Total loans | 921,524,000 | 882,073,000 | 852,801,000 | 798,225,000 |
| Allowance for loan losses | 33,366,000 | 28,433,000 | 26,975,000 | 22,683,000 |
| Securities available for sale | 201,641,000 | 287,450,000 | 300,618,000 | 316,160,000 |
| Securities held to maturity | 28,264,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,235,367,000 | 1,177,990,000 | 1,162,276,000 | 1,128,856,000 |
| Interest-bearing deposits | 981,319,000 | 916,898,000 | 881,662,000 | 846,230,000 |
| Noninterest-bearing deposits | 254,048,000 | 261,092,000 | 280,614,000 | 282,625,000 |
| Equity capital | 121,829,000 | 122,444,000 | 123,128,000 | 119,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 15,031,000 | 30,726,000 | 45,763,000 | 59,474,000 |
| Interest expense | 2,664,000 | 5,085,000 | 7,124,000 | 8,943,000 |
| Net interest income | 12,367,000 | 25,641,000 | 38,639,000 | 50,531,000 |
| Noninterest income | 1,203,000 | -874,000 | 822,000 | 1,996,000 |
| Noninterest expense | 14,082,000 | 27,483,000 | 39,918,000 | 53,207,000 |
| Provision for loan losses | 6,300,000 | 6,300,000 | 11,350,000 | 14,350,000 |
| Pretax income | -6,464,000 | -8,244,000 | -10,808,000 | -13,915,000 |
| Income tax | 16,000 | 21,000 | 44,000 | 70,000 |
| Net income | -6,480,000 | -8,265,000 | -10,852,000 | -13,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,739,000 | 118,067,000 | 115,596,000 | 112,578,000 |
| Total capital | 133,303,000 | 131,227,000 | 128,397,000 | 124,672,000 |
| Risk-weighted assets | 1,065,208,000 | 1,037,413,000 | 1,009,845,000 | 956,822,000 |