Call reports 2020
PREMIER BANK — 2020
What PREMIER BANK 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 | 579,278,000 | 597,356,000 | 578,840,000 | 564,732,000 |
| Total loans | 473,046,000 | 486,606,000 | 478,255,000 | 458,221,000 |
| Allowance for loan losses | 7,103,000 | 7,450,000 | 7,758,000 | 8,031,000 |
| Securities available for sale | 57,989,000 | 58,274,000 | 57,108,000 | 48,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 469,543,000 | 479,791,000 | 468,125,000 | 462,582,000 |
| Interest-bearing deposits | 405,046,000 | 404,176,000 | 391,046,000 | 368,874,000 |
| Noninterest-bearing deposits | 64,497,000 | 75,615,000 | 77,079,000 | 93,708,000 |
| Equity capital | 68,959,000 | 71,996,000 | 71,292,000 | 67,581,000 |
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 | 7,186,000 | 13,867,000 | 20,224,000 | 26,448,000 |
| Interest expense | 2,020,000 | 3,810,000 | 5,233,000 | 6,484,000 |
| Net interest income | 5,166,000 | 10,057,000 | 14,991,000 | 19,964,000 |
| Noninterest income | 348,000 | 673,000 | 1,049,000 | 1,519,000 |
| Noninterest expense | 1,983,000 | 4,031,000 | 6,182,000 | 8,390,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,200,000 |
| Pretax income | 3,231,000 | 6,099,000 | 8,958,000 | 11,894,000 |
| Income tax | 230,000 | 395,000 | 561,000 | 581,000 |
| Net income | 3,001,000 | 5,704,000 | 8,397,000 | 11,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,187,000 | 63,770,000 | 63,194,000 | 59,699,000 |
| Total capital | 67,324,000 | 70,152,000 | 69,128,000 | 65,449,000 |
| Risk-weighted assets | 482,903,000 | 502,066,000 | 465,202,000 | 449,759,000 |