Call reports 2016
PRIORITY BANK — 2016
What PRIORITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 83,827,000 | 84,124,000 | 81,542,000 | 80,159,000 |
| Total loans | 73,762,000 | 76,109,000 | 71,914,000 | 71,259,000 |
| Allowance for loan losses | 1,394,000 | 1,392,000 | 1,372,000 | 1,367,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,021,000 | 52,089,000 | 50,660,000 | 49,616,000 |
| Interest-bearing deposits | 49,002,000 | 48,166,000 | 46,278,000 | 45,430,000 |
| Noninterest-bearing deposits | 4,019,000 | 3,923,000 | 4,382,000 | 4,186,000 |
| Equity capital | 6,919,000 | 6,959,000 | 6,978,000 | 6,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,178,000 | 2,369,000 | 3,541,000 | 4,682,000 |
| Interest expense | 320,000 | 645,000 | 968,000 | 1,280,000 |
| Net interest income | 858,000 | 1,724,000 | 2,573,000 | 3,402,000 |
| Noninterest income | 579,000 | 1,234,000 | 2,103,000 | 2,945,000 |
| Noninterest expense | 1,130,000 | 2,286,000 | 3,485,000 | 4,656,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 307,000 | 672,000 | 1,191,000 | 1,691,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 307,000 | 672,000 | 1,191,000 | 1,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,717,000 | 6,757,000 | 6,776,000 | 6,751,000 |
| Total capital | 7,265,000 | 7,341,000 | 7,339,000 | 7,305,000 |
| Risk-weighted assets | 43,010,000 | 45,904,000 | 44,221,000 | 43,541,000 |