Call reports 2016
PREMIER BUSINESS BANK — 2016
What PREMIER BUSINESS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 438,219,000 | 460,200,000 | 484,185,000 | 516,611,000 |
| Total loans | 362,416,000 | 372,444,000 | 388,302,000 | 420,121,000 |
| Allowance for loan losses | 2,121,000 | 2,198,000 | 2,334,000 | 2,429,000 |
| Securities available for sale | 15,103,000 | 13,211,000 | 12,064,000 | 10,694,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,414,000 | 344,711,000 | 371,344,000 | 417,009,000 |
| Interest-bearing deposits | 236,255,000 | 247,654,000 | 264,109,000 | 295,348,000 |
| Noninterest-bearing deposits | 97,159,000 | 97,057,000 | 107,235,000 | 121,661,000 |
| Equity capital | 42,440,000 | 43,581,000 | 44,774,000 | 45,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,151,000 | 9,156,000 | 14,125,000 | 19,323,000 |
| Interest expense | 495,000 | 971,000 | 1,511,000 | 2,084,000 |
| Net interest income | 3,656,000 | 8,185,000 | 12,614,000 | 17,239,000 |
| Noninterest income | 2,205,000 | 2,596,000 | 3,188,000 | 3,670,000 |
| Noninterest expense | 3,022,000 | 6,134,000 | 9,076,000 | 12,141,000 |
| Provision for loan losses | 0 | 75,000 | 210,000 | 305,000 |
| Pretax income | 2,839,000 | 4,572,000 | 6,516,000 | 8,463,000 |
| Income tax | 440,000 | 1,124,000 | 1,875,000 | 2,596,000 |
| Net income | 2,399,000 | 3,448,000 | 4,641,000 | 5,867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,804,000 | 42,928,000 | 44,221,000 | 45,140,000 |
| Total capital | 43,970,000 | 45,199,000 | 46,630,000 | 47,644,000 |
| Risk-weighted assets | 349,470,000 | 356,993,000 | 364,191,000 | 385,025,000 |