Call reports 2015
PRIME MERIDIAN BANK — 2015
What PRIME MERIDIAN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 220,369,000 | 229,160,000 | 244,560,000 | 243,817,000 |
| Total loans | 156,576,000 | 176,042,000 | 181,935,000 | 192,271,000 |
| Allowance for loan losses | 2,116,000 | 2,307,000 | 2,429,000 | 2,473,000 |
| Securities available for sale | 42,001,000 | 40,910,000 | 39,830,000 | 38,063,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,761,000 | 201,201,000 | 215,688,000 | 219,456,000 |
| Interest-bearing deposits | 148,184,000 | 151,888,000 | 164,059,000 | 167,415,000 |
| Noninterest-bearing deposits | 46,577,000 | 49,313,000 | 51,629,000 | 52,041,000 |
| Equity capital | 22,319,000 | 22,514,000 | 23,205,000 | 23,567,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,180,000 | 4,466,000 | 6,824,000 | 9,289,000 |
| Interest expense | 168,000 | 342,000 | 525,000 | 717,000 |
| Net interest income | 2,012,000 | 4,124,000 | 6,299,000 | 8,572,000 |
| Noninterest income | 147,000 | 394,000 | 684,000 | 975,000 |
| Noninterest expense | 1,477,000 | 2,975,000 | 4,600,000 | 6,339,000 |
| Provision for loan losses | 18,000 | 209,000 | 333,000 | 433,000 |
| Pretax income | 706,000 | 1,376,000 | 2,092,000 | 2,870,000 |
| Income tax | 249,000 | 487,000 | 746,000 | 963,000 |
| Net income | 457,000 | 889,000 | 1,346,000 | 1,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,046,000 | 22,478,000 | 22,945,000 | 23,511,000 |
| Total capital | 24,039,000 | 24,624,000 | 25,184,000 | 25,810,000 |
| Risk-weighted assets | 159,370,000 | 171,570,000 | 178,954,000 | 183,766,000 |