Call reports 2022
PRIME MERIDIAN BANK — 2022
What PRIME MERIDIAN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 866,103,000 | 860,735,000 | 832,170,000 | 815,142,000 |
| Total loans | 496,654,000 | 554,902,000 | 581,649,000 | 602,918,000 |
| Allowance for loan losses | 5,887,000 | 6,611,000 | 6,861,000 | 7,145,000 |
| Securities available for sale | 101,867,000 | 133,382,000 | 131,668,000 | 129,436,000 |
| Securities held to maturity | 6,186,000 | 8,777,000 | 11,794,000 | 11,805,000 |
| Trading assets | 1,255,000 | 1,801,000 | 2,385,000 | 2,352,000 |
| Total deposits | 789,601,000 | 785,485,000 | 756,739,000 | 735,829,000 |
| Interest-bearing deposits | 581,925,000 | 573,904,000 | 538,880,000 | 533,549,000 |
| Noninterest-bearing deposits | 207,676,000 | 211,581,000 | 217,859,000 | 202,280,000 |
| Equity capital | 69,653,000 | 68,550,000 | 67,860,000 | 71,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,293,000 | 13,390,000 | 21,672,000 | 30,740,000 |
| Interest expense | 430,000 | 871,000 | 1,521,000 | 2,684,000 |
| Net interest income | 5,863,000 | 12,519,000 | 20,151,000 | 28,056,000 |
| Noninterest income | 610,000 | 1,215,000 | 1,797,000 | 2,323,000 |
| Noninterest expense | 3,711,000 | 7,523,000 | 11,541,000 | 15,996,000 |
| Provision for loan losses | -371,000 | 360,000 | 601,000 | 890,000 |
| Pretax income | 3,133,000 | 5,851,000 | 9,806,000 | 13,493,000 |
| Income tax | 769,000 | 1,382,000 | 2,359,000 | 3,248,000 |
| Net income | 2,364,000 | 4,469,000 | 7,447,000 | 10,245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,985,000 | 75,165,000 | 78,221,000 | 81,100,000 |
| Total capital | 78,872,000 | 81,776,000 | 85,082,000 | 88,245,000 |
| Risk-weighted assets | 536,547,000 | 596,206,000 | 619,859,000 | 628,669,000 |