Call reports 2017
PRIME MERIDIAN BANK — 2017
What PRIME MERIDIAN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 315,457,000 | 339,169,000 | 344,408,000 | 347,160,000 |
| Total loans | 231,345,000 | 248,979,000 | 255,691,000 | 259,275,000 |
| Allowance for loan losses | 2,908,000 | 3,028,000 | 3,072,000 | 3,136,000 |
| Securities available for sale | 42,950,000 | 43,670,000 | 48,744,000 | 49,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,151,000 | 307,053,000 | 311,148,000 | 313,546,000 |
| Interest-bearing deposits | 217,005,000 | 218,028,000 | 226,010,000 | 222,081,000 |
| Noninterest-bearing deposits | 71,146,000 | 89,025,000 | 85,138,000 | 91,465,000 |
| Equity capital | 26,427,000 | 31,427,000 | 32,325,000 | 32,850,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,912,000 | 6,088,000 | 9,478,000 | 12,951,000 |
| Interest expense | 246,000 | 503,000 | 829,000 | 1,181,000 |
| Net interest income | 2,666,000 | 5,585,000 | 8,649,000 | 11,770,000 |
| Noninterest income | 424,000 | 1,022,000 | 1,476,000 | 1,974,000 |
| Noninterest expense | 2,102,000 | 4,204,000 | 6,288,000 | 8,494,000 |
| Provision for loan losses | 35,000 | 155,000 | 187,000 | 256,000 |
| Pretax income | 952,000 | 2,247,000 | 3,649,000 | 4,993,000 |
| Income tax | 349,000 | 806,000 | 1,313,000 | 1,901,000 |
| Net income | 603,000 | 1,441,000 | 2,336,000 | 3,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,612,000 | 31,450,000 | 32,345,000 | 33,146,000 |
| Total capital | 29,494,000 | 34,478,000 | 35,417,000 | 36,282,000 |
| Risk-weighted assets | 230,548,000 | 249,405,000 | 253,497,000 | 258,977,000 |