Call reports 2012
PRIME MERIDIAN BANK — 2012
What PRIME MERIDIAN BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 143,838,000 | 144,302,000 | 152,457,000 | 169,658,000 |
| Total loans | 84,073,000 | 81,030,000 | 89,973,000 | 94,644,000 |
| Allowance for loan losses | 1,097,000 | 1,161,000 | 1,336,000 | 1,243,000 |
| Securities available for sale | 40,957,000 | 36,348,000 | 39,754,000 | 43,805,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,970,000 | 121,868,000 | 130,650,000 | 147,462,000 |
| Interest-bearing deposits | 100,463,000 | 95,830,000 | 101,821,000 | 117,402,000 |
| Noninterest-bearing deposits | 20,506,000 | 26,038,000 | 28,829,000 | 30,060,000 |
| Equity capital | 15,279,000 | 15,534,000 | 15,854,000 | 15,982,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,389,000 | 2,759,000 | 4,235,000 | 5,740,000 |
| Interest expense | 226,000 | 423,000 | 612,000 | 808,000 |
| Net interest income | 1,163,000 | 2,336,000 | 3,623,000 | 4,932,000 |
| Noninterest income | 77,000 | 159,000 | 242,000 | 368,000 |
| Noninterest expense | 977,000 | 1,989,000 | 3,029,000 | 4,065,000 |
| Provision for loan losses | 183,000 | 240,000 | 408,000 | 473,000 |
| Pretax income | 519,000 | 1,147,000 | 1,309,000 | 1,643,000 |
| Income tax | 196,000 | 432,000 | 494,000 | 603,000 |
| Net income | 323,000 | 715,000 | 815,000 | 1,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,714,000 | 15,107,000 | 15,210,000 | 15,437,000 |
| Total capital | 15,811,000 | 16,232,000 | 16,433,000 | 16,680,000 |
| Risk-weighted assets | 89,828,000 | 89,891,000 | 97,761,000 | 104,651,000 |