Call reports 2023
PRIORITY BANK — 2023
What PRIORITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 96,910,000 | 98,762,000 | 98,076,000 | 112,604,000 |
| Total loans | 76,229,000 | 77,520,000 | 78,000,000 | 82,629,000 |
| Allowance for loan losses | 1,441,000 | 1,424,000 | 1,424,000 | 1,435,000 |
| Securities available for sale | 14,459,000 | 15,379,000 | 14,969,000 | 15,701,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,025,000 | 76,133,000 | 72,789,000 | 87,567,000 |
| Interest-bearing deposits | 57,881,000 | 60,230,000 | 57,218,000 | 70,234,000 |
| Noninterest-bearing deposits | 16,145,000 | 15,903,000 | 15,571,000 | 17,333,000 |
| Equity capital | 10,828,000 | 10,833,000 | 11,576,000 | 11,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,390,000 | 2,960,000 | 4,685,000 | 6,473,000 |
| Interest expense | 332,000 | 827,000 | 1,409,000 | 2,083,000 |
| Net interest income | 1,058,000 | 2,133,000 | 3,276,000 | 4,390,000 |
| Noninterest income | 1,174,000 | 2,085,000 | 3,195,000 | 3,833,000 |
| Noninterest expense | 1,406,000 | 2,793,000 | 4,183,000 | 5,528,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 826,000 | 1,398,000 | 2,261,000 | 2,668,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 826,000 | 1,398,000 | 2,261,000 | 2,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,769,000 | 10,941,000 | 11,704,000 | 11,410,000 |