Call reports 2014
PRIME MERIDIAN BANK — 2014
What PRIME MERIDIAN BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 214,206,000 | 206,195,000 | 204,380,000 | 210,265,000 |
| Total loans | 127,912,000 | 135,884,000 | 147,736,000 | 155,838,000 |
| Allowance for loan losses | 1,775,000 | 2,345,000 | 2,028,000 | 2,098,000 |
| Securities available for sale | 43,861,000 | 43,099,000 | 43,238,000 | 42,397,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,465,000 | 184,187,000 | 182,011,000 | 187,470,000 |
| Interest-bearing deposits | 128,415,000 | 133,393,000 | 133,950,000 | 140,823,000 |
| Noninterest-bearing deposits | 61,050,000 | 50,794,000 | 48,061,000 | 46,647,000 |
| Equity capital | 18,618,000 | 18,817,000 | 19,123,000 | 19,643,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,887,000 | 3,827,000 | 5,905,000 | 8,116,000 |
| Interest expense | 173,000 | 336,000 | 497,000 | 661,000 |
| Net interest income | 1,714,000 | 3,491,000 | 5,408,000 | 7,455,000 |
| Noninterest income | 132,000 | 304,000 | 493,000 | 649,000 |
| Noninterest expense | 1,411,000 | 2,901,000 | 4,357,000 | 5,787,000 |
| Provision for loan losses | 29,000 | 591,000 | 797,000 | 747,000 |
| Pretax income | 406,000 | 303,000 | 765,000 | 1,630,000 |
| Income tax | 138,000 | 86,000 | 248,000 | 555,000 |
| Net income | 268,000 | 217,000 | 517,000 | 1,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,780,000 | 18,729,000 | 19,029,000 | 19,589,000 |
| Total capital | 20,498,000 | 20,513,000 | 20,825,000 | 21,498,000 |
| Risk-weighted assets | 137,377,000 | 142,119,000 | 150,521,000 | 152,570,000 |