Call reports 2020
PREMIERBANK — 2020
What PREMIERBANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 420,583,000 | 469,296,000 | 489,188,000 | 500,517,000 |
| Total loans | 240,216,000 | 260,703,000 | 259,194,000 | 256,213,000 |
| Allowance for loan losses | 3,570,000 | 3,849,000 | 4,149,000 | 4,448,000 |
| Securities available for sale | 113,044,000 | 132,092,000 | 152,024,000 | 159,970,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,060,000 | 353,731,000 | 364,810,000 | 387,250,000 |
| Interest-bearing deposits | 219,441,000 | 238,427,000 | 249,191,000 | 267,066,000 |
| Noninterest-bearing deposits | 93,619,000 | 115,304,000 | 115,619,000 | 120,184,000 |
| Equity capital | 54,174,000 | 56,450,000 | 57,945,000 | 60,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,799,000 | 7,544,000 | 11,463,000 | 15,425,000 |
| Interest expense | 339,000 | 584,000 | 782,000 | 937,000 |
| Net interest income | 3,460,000 | 6,960,000 | 10,681,000 | 14,488,000 |
| Noninterest income | 874,000 | 1,908,000 | 3,074,000 | 5,386,000 |
| Noninterest expense | 3,017,000 | 5,758,000 | 8,660,000 | 11,669,000 |
| Provision for loan losses | 145,000 | 445,000 | 745,000 | 1,045,000 |
| Pretax income | 1,293,000 | 2,786,000 | 4,471,000 | 7,281,000 |
| Income tax | 287,000 | 613,000 | 974,000 | 1,661,000 |
| Net income | 1,006,000 | 2,173,000 | 3,497,000 | 5,620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,688,000 | 43,470,000 | 44,813,000 | 46,682,000 |
| Total capital | 46,184,000 | 46,851,000 | 48,446,000 | 50,346,000 |
| Risk-weighted assets | 279,613,000 | 270,086,000 | 290,131,000 | 292,324,000 |