Call reports 2008

FIRST PRIORITY BANK — 2008

Name: FIRST PRIORITY BANK — FFIEC call report 2008
Creator: FIRST PRIORITY BANK

What FIRST PRIORITY BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/9107125b-d16d-4068-82cc-0dacc8b8a5e4/2008

Balance sheet

What the bank holds and owes at quarter end

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Total assets	155,654,000	194,613,000	198,663,000	214,633,000
Total loans	122,885,000	149,928,000	163,691,000	171,735,000
Allowance for loan losses	1,401,000	1,582,000	1,709,000	1,777,000
Securities available for sale	27,693,000	38,987,000	29,748,000	37,759,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	124,929,000	151,922,000	159,800,000	169,827,000
Interest-bearing deposits	117,177,000	144,987,000	150,944,000	159,569,000
Noninterest-bearing deposits	7,752,000	6,935,000	8,856,000	10,258,000
Equity capital	21,930,000	20,779,000	19,995,000	20,044,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Interest income	1,987,000	4,233,000	6,777,000	9,488,000
Interest expense	1,186,000	2,470,000	3,945,000	5,504,000
Net interest income	801,000	1,763,000	2,832,000	3,984,000
Noninterest income	84,000	150,000	236,000	371,000
Noninterest expense	1,595,000	3,411,000	5,217,000	7,047,000
Provision for loan losses	212,000	393,000	520,000	588,000
Pretax income	-922,000	-1,891,000	-2,669,000	-3,280,000
Income tax	0	0	0	0
Net income	-922,000	-1,891,000	-2,669,000	-3,280,000

Basel measures — not reported for every quarter

Measure	2008Q1	2008Q2	2008Q3	2008Q4
Tier 1 capital	20,721,000	19,731,000	18,979,000	18,393,000
Total capital	22,131,000	21,323,000	20,697,000	20,179,000
Risk-weighted assets	115,464,000	141,298,000	152,637,000	160,695,000