Call reports 2006
FIRST PRIORITY BANK — 2006
What FIRST PRIORITY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 68,167,000 | 67,906,000 | 73,756,000 | 105,748,000 |
| Total loans | 8,507,000 | 18,112,000 | 34,552,000 | 50,423,000 |
| Allowance for loan losses | 107,000 | 232,000 | 437,000 | 634,000 |
| Securities available for sale | 58,976,000 | 48,968,000 | 37,999,000 | 52,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,841,000 | 21,235,000 | 40,261,000 | 64,416,000 |
| Interest-bearing deposits | 10,610,000 | 20,396,000 | 39,053,000 | 62,318,000 |
| Noninterest-bearing deposits | 1,231,000 | 839,000 | 1,208,000 | 2,098,000 |
| Equity capital | 19,450,000 | 18,861,000 | 18,262,000 | 17,638,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 313,000 | 838,000 | 1,605,000 | 2,794,000 |
| Interest expense | 70,000 | 272,000 | 630,000 | 1,315,000 |
| Net interest income | 243,000 | 566,000 | 975,000 | 1,479,000 |
| Noninterest income | 65,000 | 127,000 | 201,000 | 278,000 |
| Noninterest expense | 800,000 | 1,632,000 | 2,544,000 | 3,561,000 |
| Provision for loan losses | 105,000 | 231,000 | 436,000 | 632,000 |
| Pretax income | -597,000 | -1,170,000 | -1,804,000 | -2,436,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -597,000 | -1,170,000 | -1,804,000 | -2,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,453,000 | 18,882,000 | 18,258,000 | 17,637,000 |
| Total capital | 19,560,000 | 19,114,000 | 18,695,000 | 18,271,000 |
| Risk-weighted assets | 15,666,000 | 26,755,000 | 39,909,000 | 58,512,000 |