Call reports 2019
PRIORITY BANK — 2019
What PRIORITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 86,884,000 | 86,232,000 | 85,261,000 | 92,843,000 |
| Total loans | 76,255,000 | 76,418,000 | 76,849,000 | 83,637,000 |
| Allowance for loan losses | 1,154,000 | 1,166,000 | 1,173,000 | 1,166,000 |
| Securities available for sale | 166,000 | 169,000 | 172,000 | 169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,198,000 | 57,765,000 | 56,531,000 | 58,604,000 |
| Interest-bearing deposits | 51,554,000 | 52,768,000 | 49,992,000 | 51,359,000 |
| Noninterest-bearing deposits | 6,644,000 | 4,997,000 | 6,539,000 | 7,245,000 |
| Equity capital | 7,784,000 | 7,920,000 | 7,738,000 | 7,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,285,000 | 2,600,000 | 3,889,000 | 5,213,000 |
| Interest expense | 426,000 | 873,000 | 1,334,000 | 1,791,000 |
| Net interest income | 859,000 | 1,727,000 | 2,555,000 | 3,422,000 |
| Noninterest income | 801,000 | 1,831,000 | 2,895,000 | 3,736,000 |
| Noninterest expense | 1,283,000 | 2,549,000 | 3,876,000 | 5,139,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 377,000 | 1,009,000 | 1,574,000 | 2,019,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 377,000 | 1,009,000 | 1,574,000 | 2,019,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,582,000 | 7,718,000 | 7,536,000 | 7,428,000 |
| Total capital | 8,202,000 | 8,361,000 | 8,181,000 | 8,138,000 |
| Risk-weighted assets | 49,028,000 | 50,878,000 | 51,077,000 | 56,357,000 |