Call reports 2007
FIRST PRIORITY BANK — 2007
What FIRST PRIORITY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 98,143,000 | 114,671,000 | 126,076,000 | 151,482,000 |
| Total loans | 60,960,000 | 75,127,000 | 89,264,000 | 105,207,000 |
| Allowance for loan losses | 737,000 | 871,000 | 958,000 | 1,055,000 |
| Securities available for sale | 35,998,000 | 37,985,000 | 8,005,000 | 45,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,983,000 | 90,720,000 | 106,842,000 | 116,595,000 |
| Interest-bearing deposits | 71,352,000 | 86,650,000 | 102,014,000 | 109,644,000 |
| Noninterest-bearing deposits | 3,631,000 | 4,070,000 | 4,828,000 | 6,951,000 |
| Equity capital | 16,979,000 | 16,382,000 | 15,916,000 | 15,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,425,000 | 3,075,000 | 5,037,000 | 7,066,000 |
| Interest expense | 833,000 | 1,800,000 | 3,025,000 | 4,288,000 |
| Net interest income | 592,000 | 1,275,000 | 2,012,000 | 2,778,000 |
| Noninterest income | 65,000 | 133,000 | 198,000 | 265,000 |
| Noninterest expense | 1,227,000 | 2,438,000 | 3,645,000 | 4,926,000 |
| Provision for loan losses | 103,000 | 237,000 | 324,000 | 421,000 |
| Pretax income | -673,000 | -1,267,000 | -1,759,000 | -2,304,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -673,000 | -1,267,000 | -1,759,000 | -2,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,977,000 | 16,392,000 | 15,910,000 | 15,381,000 |
| Total capital | 17,714,000 | 17,263,000 | 16,871,000 | 16,441,000 |
| Risk-weighted assets | 66,189,000 | 78,384,000 | 86,177,000 | 102,711,000 |