Call reports 2017
PREMIER BUSINESS BANK — 2017
What PREMIER BUSINESS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 529,064,000 | 559,300,000 | 586,378,000 | 625,939,000 |
| Total loans | 430,800,000 | 449,604,000 | 480,794,000 | 526,358,000 |
| Allowance for loan losses | 2,515,000 | 2,675,000 | 2,921,000 | 3,011,000 |
| Securities available for sale | 10,351,000 | 10,055,000 | 10,141,000 | 8,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 419,212,000 | 441,693,000 | 459,157,000 | 480,312,000 |
| Interest-bearing deposits | 306,234,000 | 320,834,000 | 339,992,000 | 355,258,000 |
| Noninterest-bearing deposits | 112,978,000 | 120,859,000 | 119,165,000 | 125,054,000 |
| Equity capital | 47,318,000 | 48,733,000 | 49,976,000 | 51,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,733,000 | 11,696,000 | 17,897,000 | 24,484,000 |
| Interest expense | 649,000 | 1,362,000 | 2,172,000 | 3,153,000 |
| Net interest income | 5,084,000 | 10,334,000 | 15,725,000 | 21,331,000 |
| Noninterest income | 620,000 | 1,187,000 | 1,812,000 | 2,179,000 |
| Noninterest expense | 3,256,000 | 6,648,000 | 10,320,000 | 14,098,000 |
| Provision for loan losses | 85,000 | 245,000 | 500,000 | 590,000 |
| Pretax income | 2,363,000 | 4,628,000 | 6,717,000 | 8,822,000 |
| Income tax | 982,000 | 1,923,000 | 2,793,000 | 3,858,000 |
| Net income | 1,381,000 | 2,705,000 | 3,924,000 | 4,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,927,000 | 48,312,000 | 49,592,000 | 50,693,000 |
| Total capital | 49,517,000 | 51,062,000 | 52,588,000 | 53,779,000 |
| Risk-weighted assets | 394,514,000 | 413,778,000 | 436,610,000 | 477,466,000 |