Call reports 2024
PREMIER BANK — 2024
What PREMIER 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 | 632,380,000 | 637,626,000 | 678,172,000 | 681,799,000 |
| Total loans | 542,709,000 | 555,560,000 | 564,166,000 | 594,904,000 |
| Allowance for loan losses | 7,273,000 | 7,219,000 | 7,215,000 | 7,055,000 |
| Securities available for sale | 58,790,000 | 57,552,000 | 58,651,000 | 57,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 512,733,000 | 518,702,000 | 555,580,000 | 561,865,000 |
| Interest-bearing deposits | 448,062,000 | 458,088,000 | 490,474,000 | 487,648,000 |
| Noninterest-bearing deposits | 64,671,000 | 60,614,000 | 65,106,000 | 74,217,000 |
| Equity capital | 82,909,000 | 62,874,000 | 66,536,000 | 67,165,000 |
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 | 9,870,000 | 20,376,000 | 31,479,000 | 42,698,000 |
| Interest expense | 4,656,000 | 9,931,000 | 15,514,000 | 20,717,000 |
| Net interest income | 5,214,000 | 10,445,000 | 15,965,000 | 21,981,000 |
| Noninterest income | 273,000 | 588,000 | 953,000 | 1,360,000 |
| Noninterest expense | 2,602,000 | 4,902,000 | 7,414,000 | 10,705,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,885,000 | 6,131,000 | 9,494,000 | 12,626,000 |
| Income tax | 153,000 | 258,000 | 327,000 | 396,000 |
| Net income | 2,732,000 | 5,873,000 | 9,167,000 | 12,230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,410,000 | 57,832,000 | 59,832,000 | 61,902,000 |
| Total capital | — | — | 67,057,000 | 68,967,000 |
| Risk-weighted assets | — | — | 607,188,000 | 615,530,000 |