Call reports 2022
PRIORITY BANK — 2022
What PRIORITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 92,858,000 | 92,178,000 | 88,778,000 | 90,642,000 |
| Total loans | 73,409,000 | 74,436,000 | 71,151,000 | 78,635,000 |
| Allowance for loan losses | 1,430,000 | 1,426,000 | 1,432,000 | 1,438,000 |
| Securities available for sale | 1,942,000 | 1,880,000 | 6,274,000 | 6,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,551,000 | 69,406,000 | 66,420,000 | 61,784,000 |
| Interest-bearing deposits | 57,956,000 | 55,239,000 | 52,413,000 | 47,913,000 |
| Noninterest-bearing deposits | 11,595,000 | 14,167,000 | 14,007,000 | 13,871,000 |
| Equity capital | 9,496,000 | 9,350,000 | 9,732,000 | 9,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,094,000 | 2,229,000 | 3,414,000 | 4,756,000 |
| Interest expense | 205,000 | 400,000 | 579,000 | 792,000 |
| Net interest income | 889,000 | 1,829,000 | 2,835,000 | 3,964,000 |
| Noninterest income | 745,000 | 1,812,000 | 3,036,000 | 3,812,000 |
| Noninterest expense | 1,316,000 | 2,680,000 | 4,112,000 | 5,395,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 318,000 | 961,000 | 1,759,000 | 2,381,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 318,000 | 961,000 | 1,759,000 | 2,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,267,000 | 9,183,000 | 9,671,000 | 9,943,000 |