Call reports 2018
PRIME MERIDIAN BANK — 2018
What PRIME MERIDIAN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 358,245,000 | 380,911,000 | 405,830,000 | 401,682,000 |
| Total loans | 282,389,000 | 296,334,000 | 299,478,000 | 298,541,000 |
| Allowance for loan losses | 3,385,000 | 3,541,000 | 3,674,000 | 3,661,000 |
| Securities available for sale | 48,014,000 | 46,657,000 | 44,359,000 | 45,384,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,340,000 | 345,976,000 | 369,551,000 | 363,454,000 |
| Interest-bearing deposits | 235,547,000 | 255,259,000 | 271,950,000 | 268,969,000 |
| Noninterest-bearing deposits | 88,793,000 | 90,717,000 | 97,601,000 | 94,485,000 |
| Equity capital | 33,197,000 | 34,291,000 | 35,294,000 | 37,249,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,636,000 | 7,548,000 | 11,819,000 | 16,235,000 |
| Interest expense | 397,000 | 897,000 | 1,559,000 | 2,307,000 |
| Net interest income | 3,239,000 | 6,651,000 | 10,260,000 | 13,928,000 |
| Noninterest income | 517,000 | 624,000 | 962,000 | 1,304,000 |
| Noninterest expense | 2,352,000 | 4,208,000 | 6,508,000 | 8,747,000 |
| Provision for loan losses | 254,000 | 409,000 | 544,000 | 591,000 |
| Pretax income | 1,150,000 | 2,658,000 | 4,170,000 | 5,894,000 |
| Income tax | 282,000 | 656,000 | 1,032,000 | 1,380,000 |
| Net income | 868,000 | 2,002,000 | 3,138,000 | 4,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,038,000 | 35,213,000 | 36,388,000 | 37,805,000 |
| Total capital | 37,423,000 | 38,754,000 | 40,055,000 | 41,466,000 |
| Risk-weighted assets | 274,958,000 | 286,779,000 | 293,408,000 | 293,111,000 |