Call reports 2020
PRIME BANK — 2020
What PRIME BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Total assets | 281,834,000 | 309,189,000 |
| Total loans | 244,531,000 | 265,283,000 |
| Allowance for loan losses | 2,623,000 | 2,676,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 240,271,000 | 267,831,000 |
| Interest-bearing deposits | 205,897,000 | 221,043,000 |
| Noninterest-bearing deposits | 34,374,000 | 46,788,000 |
| Equity capital | 37,752,000 | 37,474,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Interest income | 3,701,000 | 7,401,000 |
| Interest expense | 1,044,000 | 1,931,000 |
| Net interest income | 2,657,000 | 5,470,000 |
| Noninterest income | 108,000 | 133,000 |
| Noninterest expense | 1,248,000 | 2,388,000 |
| Provision for loan losses | -75,000 | -22,000 |
| Pretax income | 1,592,000 | 3,237,000 |
| Income tax | 70,000 | 159,000 |
| Net income | 1,522,000 | 3,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 |
|---|---|---|
| Tier 1 capital | 37,752,000 | 37,474,000 |