Call reports 2013
PRIME MERIDIAN BANK — 2013
What PRIME MERIDIAN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 179,691,000 | 184,073,000 | 190,310,000 | 206,421,000 |
| Total loans | 107,750,000 | 115,736,000 | 117,406,000 | 123,104,000 |
| Allowance for loan losses | 1,436,000 | 1,534,000 | 1,622,000 | 1,734,000 |
| Securities available for sale | 45,141,000 | 41,785,000 | 42,370,000 | 44,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,269,000 | 162,204,000 | 168,022,000 | 184,014,000 |
| Interest-bearing deposits | 120,212,000 | 118,802,000 | 119,639,000 | 124,354,000 |
| Noninterest-bearing deposits | 37,057,000 | 43,402,000 | 48,383,000 | 59,660,000 |
| Equity capital | 16,227,000 | 15,805,000 | 16,117,000 | 16,296,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,586,000 | 3,335,000 | 5,097,000 | 6,970,000 |
| Interest expense | 194,000 | 370,000 | 535,000 | 704,000 |
| Net interest income | 1,392,000 | 2,965,000 | 4,562,000 | 6,266,000 |
| Noninterest income | 357,000 | 556,000 | 705,000 | 844,000 |
| Noninterest expense | 1,104,000 | 2,301,000 | 3,536,000 | 4,824,000 |
| Provision for loan losses | 185,000 | 323,000 | 403,000 | 513,000 |
| Pretax income | 460,000 | 897,000 | 1,342,000 | 1,787,000 |
| Income tax | 162,000 | 317,000 | 470,000 | 616,000 |
| Net income | 298,000 | 580,000 | 872,000 | 1,171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,736,000 | 16,019,000 | 16,312,000 | 16,611,000 |
| Total capital | 17,174,000 | 17,553,000 | 17,889,000 | 18,286,000 |
| Risk-weighted assets | 115,012,000 | 124,118,000 | 126,121,000 | 133,883,000 |