Call reports 2018
PRIORITY BANK — 2018
What PRIORITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 77,722,000 | 84,295,000 | 85,128,000 | 84,168,000 |
| Total loans | 68,907,000 | 75,836,000 | 70,802,000 | 75,488,000 |
| Allowance for loan losses | 1,208,000 | 1,203,000 | 1,170,000 | 1,149,000 |
| Securities available for sale | 0 | 0 | 0 | 165,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,813,000 | 47,068,000 | 55,933,000 | 54,897,000 |
| Interest-bearing deposits | 41,496,000 | 40,798,000 | 49,246,000 | 48,161,000 |
| Noninterest-bearing deposits | 4,317,000 | 6,270,000 | 6,687,000 | 6,736,000 |
| Equity capital | 7,370,000 | 7,297,000 | 7,638,000 | 7,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,133,000 | 2,286,000 | 3,518,000 | 4,752,000 |
| Interest expense | 326,000 | 672,000 | 1,083,000 | 1,506,000 |
| Net interest income | 807,000 | 1,614,000 | 2,435,000 | 3,246,000 |
| Noninterest income | 743,000 | 1,388,000 | 2,426,000 | 3,062,000 |
| Noninterest expense | 1,247,000 | 2,547,000 | 3,865,000 | 5,143,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 303,000 | 455,000 | 996,000 | 1,165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 303,000 | 455,000 | 996,000 | 1,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,168,000 | 7,095,000 | 7,436,000 | 7,205,000 |
| Total capital | 7,735,000 | 7,732,000 | 8,024,000 | 7,822,000 |
| Risk-weighted assets | 44,725,000 | 50,420,000 | 46,458,000 | 48,796,000 |