Call reports 2013
FIRST PRIORITY BANK — 2013
What FIRST PRIORITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 442,777,000 | 419,297,000 | 427,348,000 | 446,111,000 |
| Total loans | 331,483,000 | 333,096,000 | 332,197,000 | 335,737,000 |
| Allowance for loan losses | 2,564,000 | 2,229,000 | 2,236,000 | 2,273,000 |
| Securities available for sale | 56,337,000 | 47,896,000 | 55,691,000 | 78,636,000 |
| Securities held to maturity | 0 | 11,158,000 | 11,005,000 | 10,963,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,608,000 | 353,679,000 | 341,925,000 | 358,460,000 |
| Interest-bearing deposits | 319,798,000 | 314,459,000 | 303,560,000 | 310,216,000 |
| Noninterest-bearing deposits | 39,810,000 | 39,220,000 | 38,365,000 | 48,244,000 |
| Equity capital | 42,890,000 | 41,527,000 | 41,546,000 | 41,656,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,690,000 | 8,365,000 | 12,960,000 | 17,649,000 |
| Interest expense | 793,000 | 1,615,000 | 2,395,000 | 3,151,000 |
| Net interest income | 2,897,000 | 6,750,000 | 10,565,000 | 14,498,000 |
| Noninterest income | 4,000 | 189,000 | 424,000 | 622,000 |
| Noninterest expense | 3,374,000 | 7,136,000 | 10,831,000 | 14,113,000 |
| Provision for loan losses | 165,000 | 340,000 | 570,000 | 645,000 |
| Pretax income | -638,000 | -537,000 | -412,000 | 362,000 |
| Income tax | 0 | 0 | 0 | 33,000 |
| Net income | -638,000 | -537,000 | -412,000 | 329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,370,000 | 39,295,000 | 39,217,000 | 39,886,000 |
| Total capital | 41,969,000 | 41,559,000 | 41,488,000 | 42,194,000 |
| Risk-weighted assets | 314,722,000 | 313,776,000 | 320,016,000 | 327,126,000 |