Call reports 2016
PRIME MERIDIAN BANK — 2016
What PRIME MERIDIAN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 263,929,000 | 272,105,000 | 290,077,000 | 303,921,000 |
| Total loans | 202,102,000 | 220,355,000 | 229,156,000 | 228,935,000 |
| Allowance for loan losses | 2,605,000 | 2,775,000 | 2,863,000 | 2,876,000 |
| Securities available for sale | 38,116,000 | 35,939,000 | 32,714,000 | 33,103,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 238,878,000 | 242,256,000 | 263,322,000 | 277,281,000 |
| Interest-bearing deposits | 182,218,000 | 184,432,000 | 191,054,000 | 213,492,000 |
| Noninterest-bearing deposits | 56,660,000 | 57,824,000 | 72,268,000 | 63,789,000 |
| Equity capital | 24,341,000 | 25,036,000 | 25,666,000 | 25,761,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,499,000 | 5,151,000 | 7,906,000 | 10,773,000 |
| Interest expense | 192,000 | 393,000 | 600,000 | 830,000 |
| Net interest income | 2,307,000 | 4,758,000 | 7,306,000 | 9,943,000 |
| Noninterest income | 276,000 | 639,000 | 1,054,000 | 1,528,000 |
| Noninterest expense | 1,755,000 | 3,459,000 | 5,275,000 | 7,290,000 |
| Provision for loan losses | 134,000 | 304,000 | 412,000 | 424,000 |
| Pretax income | 709,000 | 1,736,000 | 2,775,000 | 3,859,000 |
| Income tax | 249,000 | 617,000 | 986,000 | 1,376,000 |
| Net income | 460,000 | 1,119,000 | 1,789,000 | 2,483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,970,000 | 24,630,000 | 25,300,000 | 25,994,000 |
| Total capital | 26,417,000 | 27,263,000 | 28,040,000 | 28,772,000 |
| Risk-weighted assets | 195,639,000 | 210,567,000 | 219,106,000 | 222,108,000 |