Call reports 2014
PRIORITY BANK — 2014
What PRIORITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 84,889,000 | 85,346,000 | 82,365,000 | 80,650,000 |
| Total loans | 75,620,000 | 76,188,000 | 71,161,000 | 71,931,000 |
| Allowance for loan losses | 1,517,000 | 1,476,000 | 1,473,000 | 1,451,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,822,000 | 53,855,000 | 51,039,000 | 49,759,000 |
| Interest-bearing deposits | 48,049,000 | 50,357,000 | 47,685,000 | 46,592,000 |
| Noninterest-bearing deposits | 4,773,000 | 3,498,000 | 3,354,000 | 3,167,000 |
| Equity capital | 8,269,000 | 8,404,000 | 8,506,000 | 8,332,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,275,000 | 2,513,000 | 3,719,000 | 4,878,000 |
| Interest expense | 347,000 | 686,000 | 1,026,000 | 1,356,000 |
| Net interest income | 928,000 | 1,827,000 | 2,693,000 | 3,522,000 |
| Noninterest income | 409,000 | 855,000 | 1,484,000 | 1,924,000 |
| Noninterest expense | 1,014,000 | 2,224,000 | 3,217,000 | 4,389,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 323,000 | 458,000 | 960,000 | 1,057,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 323,000 | 458,000 | 960,000 | 1,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,067,000 | 8,202,000 | 8,304,000 | 8,130,000 |
| Total capital | 8,671,000 | 8,796,000 | 8,865,000 | 8,720,000 |
| Risk-weighted assets | 44,996,000 | 44,681,000 | 42,313,000 | 44,146,000 |