Call reports 2024
PREMIERBANK — 2024
What PREMIERBANK 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 | 560,460,000 | 549,462,000 | 561,268,000 | 558,926,000 |
| Total loans | 328,843,000 | 333,747,000 | 337,247,000 | 346,317,000 |
| Allowance for loan losses | 4,187,000 | 4,212,000 | 4,456,000 | 4,424,000 |
| Securities available for sale | 159,195,000 | 155,363,000 | 157,248,000 | 152,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,811,000 | 451,497,000 | 461,554,000 | 467,748,000 |
| Interest-bearing deposits | 330,042,000 | 321,104,000 | 326,315,000 | 337,495,000 |
| Noninterest-bearing deposits | 127,769,000 | 130,393,000 | 135,239,000 | 130,253,000 |
| Equity capital | 40,194,000 | 38,958,000 | 44,507,000 | 39,511,000 |
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 | 5,563,000 | 11,356,000 | 17,419,000 | 23,684,000 |
| Interest expense | 2,090,000 | 4,422,000 | 6,803,000 | 8,930,000 |
| Net interest income | 3,473,000 | 6,934,000 | 10,616,000 | 14,754,000 |
| Noninterest income | 813,000 | 1,693,000 | 2,614,000 | 3,459,000 |
| Noninterest expense | 3,983,000 | 7,887,000 | 11,822,000 | 16,600,000 |
| Provision for loan losses | 0 | 30,000 | 30,000 | 0 |
| Pretax income | 303,000 | 710,000 | 1,378,000 | 1,728,000 |
| Income tax | -231,000 | -235,000 | -190,000 | -394,000 |
| Net income | 534,000 | 945,000 | 1,568,000 | 2,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,329,000 | 52,306,000 | 52,947,000 | 52,344,000 |
| Total capital | 56,835,000 | 56,837,000 | 57,722,000 | 57,087,000 |
| Risk-weighted assets | 399,411,000 | 404,183,000 | 408,520,000 | 419,415,000 |