Call reports 2014
FIRST PRIORITY BANK — 2014
What FIRST PRIORITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 430,949,000 | 456,894,000 | 474,830,000 | 492,058,000 |
| Total loans | 340,083,000 | 362,989,000 | 372,490,000 | 375,222,000 |
| Allowance for loan losses | 2,219,000 | 2,237,000 | 2,288,000 | 2,313,000 |
| Securities available for sale | 53,449,000 | 52,214,000 | 47,961,000 | 75,557,000 |
| Securities held to maturity | 14,502,000 | 14,455,000 | 16,004,000 | 15,956,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,433,000 | 354,595,000 | 361,868,000 | 378,907,000 |
| Interest-bearing deposits | 295,256,000 | 301,815,000 | 313,859,000 | 329,322,000 |
| Noninterest-bearing deposits | 52,177,000 | 52,780,000 | 48,009,000 | 49,585,000 |
| Equity capital | 42,860,000 | 43,930,000 | 48,878,000 | 49,414,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,475,000 | 9,160,000 | 13,894,000 | 18,647,000 |
| Interest expense | 714,000 | 1,406,000 | 2,122,000 | 2,874,000 |
| Net interest income | 3,761,000 | 7,754,000 | 11,772,000 | 15,773,000 |
| Noninterest income | 245,000 | 463,000 | 716,000 | 996,000 |
| Noninterest expense | 3,258,000 | 6,559,000 | 9,962,000 | 13,087,000 |
| Provision for loan losses | 105,000 | 360,000 | 572,000 | 1,132,000 |
| Pretax income | 643,000 | 1,298,000 | 1,954,000 | 2,600,000 |
| Income tax | 9,000 | 16,000 | -4,477,000 | -4,264,000 |
| Net income | 634,000 | 1,282,000 | 6,431,000 | 6,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,340,000 | 40,943,000 | 42,281,000 | 42,979,000 |
| Total capital | 42,594,000 | 43,215,000 | 44,604,000 | 45,327,000 |
| Risk-weighted assets | 329,962,000 | 345,004,000 | 349,526,000 | 352,208,000 |