Call reports 2011
FIRST PRIORITY BANK — 2011
What FIRST PRIORITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 279,104,000 | 288,977,000 | 289,319,000 | 285,349,000 |
| Total loans | 236,764,000 | 240,932,000 | 244,072,000 | 240,115,000 |
| Allowance for loan losses | 2,119,000 | 2,183,000 | 2,683,000 | 2,470,000 |
| Securities available for sale | 24,611,000 | 37,444,000 | 28,112,000 | 25,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,716,000 | 242,653,000 | 239,174,000 | 246,054,000 |
| Interest-bearing deposits | 223,198,000 | 222,346,000 | 219,563,000 | 222,161,000 |
| Noninterest-bearing deposits | 19,518,000 | 20,307,000 | 19,611,000 | 23,893,000 |
| Equity capital | 26,350,000 | 26,484,000 | 27,516,000 | 27,283,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 3,339,000 | 6,800,000 | 10,258,000 | 13,625,000 |
| Interest expense | 1,121,000 | 2,233,000 | 3,282,000 | 4,319,000 |
| Net interest income | 2,218,000 | 4,567,000 | 6,976,000 | 9,306,000 |
| Noninterest income | 101,000 | -73,000 | -84,000 | -37,000 |
| Noninterest expense | 2,560,000 | 4,858,000 | 7,140,000 | 9,217,000 |
| Provision for loan losses | 90,000 | 177,000 | 677,000 | 1,082,000 |
| Pretax income | -331,000 | -541,000 | -246,000 | 84,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -331,000 | -541,000 | -246,000 | 84,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,089,000 | 24,786,000 | 24,989,000 | 25,228,000 |
| Total capital | 27,226,000 | 26,979,000 | 27,682,000 | 27,708,000 |
| Risk-weighted assets | 220,510,000 | 226,275,000 | 224,612,000 | 219,788,000 |