Call reports 2024
PRIME SECURITY BANK — 2024
What PRIME SECURITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 139,535,000 | 136,827,000 | 133,697,000 | 136,241,000 |
| Total loans | 122,825,000 | 119,231,000 | 114,209,000 | 117,527,000 |
| Allowance for loan losses | 960,000 | 970,000 | 1,000,000 | 1,060,000 |
| Securities available for sale | 3,379,000 | 2,601,000 | 2,269,000 | 1,859,000 |
| Securities held to maturity | 2,128,000 | 2,634,000 | 2,412,000 | 2,428,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,878,000 | 115,721,000 | 113,689,000 | 113,981,000 |
| Interest-bearing deposits | 94,429,000 | 96,618,000 | 91,297,000 | 94,788,000 |
| Noninterest-bearing deposits | 19,450,000 | 19,103,000 | 22,391,000 | 19,194,000 |
| Equity capital | 10,957,000 | 10,763,000 | 10,848,000 | 11,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,934,000 | 3,864,000 | 5,867,000 | 7,836,000 |
| Interest expense | 784,000 | 1,652,000 | 2,536,000 | 3,322,000 |
| Net interest income | 1,150,000 | 2,212,000 | 3,331,000 | 4,514,000 |
| Noninterest income | 64,000 | 152,000 | 220,000 | 288,000 |
| Noninterest expense | 818,000 | 1,671,000 | 2,514,000 | 3,365,000 |
| Provision for loan losses | 110,000 | 120,000 | 150,000 | 210,000 |
| Pretax income | 286,000 | 573,000 | 887,000 | 1,227,000 |
| Income tax | 0 | 109,000 | 109,000 | 109,000 |
| Net income | 286,000 | 464,000 | 778,000 | 1,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,056,000 | 10,866,000 | 10,921,000 | 11,118,000 |
| Total capital | 12,015,000 | 11,835,000 | 11,920,000 | 12,177,000 |
| Risk-weighted assets | 109,117,000 | 104,836,000 | 100,966,000 | 105,292,000 |