Call reports 2008
PREMIERBANK — 2008
What PREMIERBANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 246,904,000 | 255,128,000 | 252,168,000 | 271,687,000 |
| Total loans | 148,786,000 | 167,201,000 | 167,591,000 | 175,798,000 |
| Allowance for loan losses | 1,173,000 | 1,264,000 | 1,381,000 | 1,739,000 |
| Securities available for sale | 60,533,000 | 58,684,000 | 56,677,000 | 56,719,000 |
| Securities held to maturity | 1,551,000 | 1,335,000 | 1,331,000 | 1,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,811,000 | 176,991,000 | 180,684,000 | 195,104,000 |
| Interest-bearing deposits | 133,277,000 | 134,434,000 | 139,827,000 | 156,581,000 |
| Noninterest-bearing deposits | 36,534,000 | 42,557,000 | 40,857,000 | 38,523,000 |
| Equity capital | 41,263,000 | 39,452,000 | 40,771,000 | 40,085,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,464,000 | 6,932,000 | 10,412,000 | 13,921,000 |
| Interest expense | 1,187,000 | 2,143,000 | 3,054,000 | 3,920,000 |
| Net interest income | 2,277,000 | 4,789,000 | 7,358,000 | 10,001,000 |
| Noninterest income | 683,000 | 1,321,000 | 1,938,000 | 2,530,000 |
| Noninterest expense | 1,374,000 | 2,834,000 | 4,234,000 | 5,872,000 |
| Provision for loan losses | 30,000 | 120,000 | 270,000 | 721,000 |
| Pretax income | 1,564,000 | 3,164,000 | 4,800,000 | 5,946,000 |
| Income tax | 454,000 | 908,000 | 1,395,000 | 1,744,000 |
| Net income | 1,110,000 | 2,256,000 | 3,405,000 | 4,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,694,000 | 30,849,000 | 32,006,000 | 30,911,000 |
| Total capital | 32,867,000 | 32,113,000 | 33,387,000 | 32,650,000 |
| Risk-weighted assets | 170,161,000 | 185,211,000 | 182,433,000 | 193,487,000 |