Call reports 2010
FIRST PRIORITY BANK — 2010
What FIRST PRIORITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 244,995,000 | 254,496,000 | 262,767,000 | 267,731,000 |
| Total loans | 195,079,000 | 208,108,000 | 220,788,000 | 233,540,000 |
| Allowance for loan losses | 2,318,000 | 2,246,000 | 2,364,000 | 2,261,000 |
| Securities available for sale | 39,890,000 | 35,877,000 | 30,386,000 | 24,953,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,890,000 | 207,279,000 | 222,577,000 | 228,040,000 |
| Interest-bearing deposits | 178,242,000 | 191,140,000 | 204,783,000 | 210,772,000 |
| Noninterest-bearing deposits | 16,648,000 | 16,139,000 | 17,794,000 | 17,268,000 |
| Equity capital | 27,706,000 | 28,043,000 | 27,988,000 | 26,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,020,000 | 6,131,000 | 9,355,000 | 12,703,000 |
| Interest expense | 1,114,000 | 2,250,000 | 3,423,000 | 4,553,000 |
| Net interest income | 1,906,000 | 3,881,000 | 5,932,000 | 8,150,000 |
| Noninterest income | 109,000 | 168,000 | 262,000 | 252,000 |
| Noninterest expense | 1,959,000 | 3,972,000 | 6,077,000 | 8,155,000 |
| Provision for loan losses | 60,000 | 298,000 | 443,000 | 1,307,000 |
| Pretax income | 60,000 | 85,000 | 100,000 | -182,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 60,000 | 85,000 | 100,000 | -182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,135,000 | 26,065,000 | 25,975,000 | 25,527,000 |
| Total capital | 28,464,000 | 28,322,000 | 28,355,000 | 27,806,000 |
| Risk-weighted assets | 187,232,000 | 196,887,000 | 206,209,000 | 216,027,000 |