Prime Meridian Holding Co (Prime Meridian Holding Co) Net Interest Income (for Banks) : $28.93 Mil (As of Mar. 2024)

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What is Prime Meridian Holding Co Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Prime Meridian Holding Co's net interest income for the three months ended in Mar. 2024 was $7.13 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $28.93 Mil.

Prime Meridian Holding Co's quarterly net interest income increased from Sep. 2023 ($7.19 Mil) to Dec. 2023 ($7.25 Mil) but then declined from Dec. 2023 ($7.25 Mil) to Mar. 2024 ($7.13 Mil).

Prime Meridian Holding Co's annual net interest income increased from Dec. 2021 ($22.32 Mil) to Dec. 2022 ($27.96 Mil) and increased from Dec. 2022 ($27.96 Mil) to Dec. 2023 ($29.35 Mil).

Prime Meridian Holding Co Net Interest Income (for Banks) Historical Data

The historical data trend for Prime Meridian Holding Co's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prime Meridian Holding Co Net Interest Income (for Banks) Chart

Prime Meridian Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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15.42

18.68

22.32

27.96

29.35

Prime Meridian Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															7.56	7.35	7.19	7.25	7.13

Prime Meridian Holding Co Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.93 Mil.

Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prime Meridian Holding Co (OTCPK:PMHG) » Definitions » Net Interest Income (for Banks)

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Address

1471 Timberlane Road, Tallahassee, FL, USA, 32312

Website

https://www.primemeridianbank.com

Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.