Call reports 2024
PRISM BANK — 2024
What PRISM BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 319,396,000 | 354,718,000 | 393,536,000 | 459,748,000 |
| Total loans | 276,378,000 | 305,428,000 | 336,727,000 | 395,186,000 |
| Allowance for loan losses | 3,469,000 | 3,823,000 | 4,064,000 | 4,806,000 |
| Securities available for sale | 9,638,000 | 9,665,000 | 13,513,000 | 21,743,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,830,000 | 308,936,000 | 345,748,000 | 394,639,000 |
| Interest-bearing deposits | 226,959,000 | 260,565,000 | 300,017,000 | 330,217,000 |
| Noninterest-bearing deposits | 42,871,000 | 48,371,000 | 45,731,000 | 64,422,000 |
| Equity capital | 38,861,000 | 38,995,000 | 45,227,000 | 48,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,865,000 | 10,541,000 | 17,161,000 | 24,268,000 |
| Interest expense | 2,309,000 | 5,025,000 | 8,393,000 | 11,849,000 |
| Net interest income | 2,556,000 | 5,516,000 | 8,768,000 | 12,419,000 |
| Noninterest income | 566,000 | 1,105,000 | 1,656,000 | 2,221,000 |
| Noninterest expense | 2,663,000 | 5,663,000 | 8,540,000 | 11,525,000 |
| Provision for loan losses | -60,000 | 290,000 | 536,000 | 1,356,000 |
| Pretax income | 373,000 | 522,000 | 1,052,000 | 1,483,000 |
| Income tax | 94,000 | 131,000 | 264,000 | 372,000 |
| Net income | 279,000 | 391,000 | 788,000 | 1,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,823,000 | 36,934,000 | 43,031,000 | 46,155,000 |
| Total capital | 39,841,000 | 40,505,000 | 47,014,000 | 50,841,000 |
| Risk-weighted assets | 240,909,000 | 285,305,000 | 318,314,000 | 374,545,000 |