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Prime Meridian Bank
Prime Meridian Bank
RSSD ID 3690701 | CERTIFICATE 58694 | ABA NUMBER 63116481 |
1471 Timberlane Rd |
Quarter Ended : |
2025-03-31 |
Tallahassee, Florida, 32312 |
Updated : |
2025-04-21 |
https://www.primemeridianbank.com |
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Institution Profile |
Year Opened : |
2008 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
4 |
Number of Employees : |
113 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 974,668 |
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Total Interest Income | 12,674 |
Total Liabilities | 885,352 |
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Total NonInterest Income | 643 |
Total Bank Equity Capital | 89,316 |
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Total Interest Expense | 4,789 |
Total Deposits | 872,625 |
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Total NonInterest Expense | 5,241 |
Net Loans & Leases | 694,560 |
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Net Income | 2,284 |
Loan Loss Allowance | 5,938 |
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Net Charge Offs | (3) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 101,673 |
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Total loans | 706,001 |
Total assets for the leverage ratio | 947,667 |
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Loans secured by real estate: | 604,775 |
Tier 1 Leverage Ratio | 10.09 |
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Commercial and industrial loans | 80,941 |
Tier 1 Capital Ratio | 13.75 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 14.63 |
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Loans to individuals - Other | 6,051 |
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