Call reports 2017
PRIORITY BANK — 2017
What PRIORITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 78,832,000 | 79,522,000 | 78,128,000 | 81,995,000 |
| Total loans | 68,777,000 | 71,760,000 | 69,453,000 | 73,830,000 |
| Allowance for loan losses | 1,373,000 | 1,344,000 | 1,305,000 | 1,288,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,937,000 | 42,245,000 | 43,447,000 | 44,380,000 |
| Interest-bearing deposits | 41,424,000 | 36,948,000 | 38,228,000 | 39,668,000 |
| Noninterest-bearing deposits | 4,513,000 | 5,297,000 | 5,218,000 | 4,712,000 |
| Equity capital | 7,145,000 | 7,141,000 | 6,953,000 | 7,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,122,000 | 2,270,000 | 3,345,000 | 4,481,000 |
| Interest expense | 295,000 | 593,000 | 905,000 | 1,226,000 |
| Net interest income | 827,000 | 1,677,000 | 2,440,000 | 3,255,000 |
| Noninterest income | 581,000 | 1,216,000 | 1,982,000 | 2,818,000 |
| Noninterest expense | 1,216,000 | 2,480,000 | 3,694,000 | 4,954,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 192,000 | 413,000 | 728,000 | 1,119,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 192,000 | 413,000 | 728,000 | 1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,943,000 | 6,939,000 | 6,751,000 | 6,865,000 |
| Total capital | 7,491,000 | 7,496,000 | 7,309,000 | 7,456,000 |
| Risk-weighted assets | 43,021,000 | 43,746,000 | 43,880,000 | 46,587,000 |