Call reports 2020
PRIORITYONE BANK — 2020
What PRIORITYONE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 727,401,000 | 778,547,000 | 785,542,000 | 789,355,000 |
| Total loans | 534,839,000 | 565,075,000 | 578,011,000 | 595,122,000 |
| Allowance for loan losses | 5,435,000 | 5,640,000 | 6,391,000 | 7,503,000 |
| Securities available for sale | 14,662,000 | 19,690,000 | 23,509,000 | 27,997,000 |
| Securities held to maturity | 78,281,000 | 92,842,000 | 96,683,000 | 104,235,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 613,263,000 | 661,649,000 | 669,606,000 | 672,813,000 |
| Interest-bearing deposits | 494,493,000 | 509,035,000 | 504,719,000 | 508,519,000 |
| Noninterest-bearing deposits | 118,770,000 | 152,615,000 | 164,887,000 | 164,294,000 |
| Equity capital | 74,725,000 | 78,434,000 | 76,863,000 | 79,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 8,319,000 | 17,386,000 | 25,477,000 | 33,621,000 |
| Interest expense | 1,600,000 | 3,102,000 | 4,401,000 | 5,558,000 |
| Net interest income | 6,719,000 | 14,284,000 | 21,076,000 | 28,063,000 |
| Noninterest income | 2,871,000 | 5,301,000 | 8,884,000 | 12,353,000 |
| Noninterest expense | 6,378,000 | 12,837,000 | 19,093,000 | 26,259,000 |
| Provision for loan losses | 300,000 | 600,000 | 1,200,000 | 2,300,000 |
| Pretax income | 2,912,000 | 6,148,000 | 9,667,000 | 11,857,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,912,000 | 6,148,000 | 9,667,000 | 11,857,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,240,000 | 77,508,000 | 75,930,000 | 78,861,000 |