Call reports 2016
FIRST PRIORITY BANK — 2016
What FIRST PRIORITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 511,369,000 | 506,560,000 | 571,600,000 | 597,414,000 |
| Total loans | 408,505,000 | 418,069,000 | 487,335,000 | 488,243,000 |
| Allowance for loan losses | 2,783,000 | 2,807,000 | 3,323,000 | 3,330,000 |
| Securities available for sale | 39,365,000 | 33,770,000 | 24,786,000 | 70,560,000 |
| Securities held to maturity | 19,442,000 | 19,325,000 | 19,285,000 | 19,043,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 409,940,000 | 411,237,000 | 443,191,000 | 468,134,000 |
| Interest-bearing deposits | 354,191,000 | 358,964,000 | 387,599,000 | 413,099,000 |
| Noninterest-bearing deposits | 55,749,000 | 52,273,000 | 55,592,000 | 55,035,000 |
| Equity capital | 46,069,000 | 46,857,000 | 47,013,000 | 47,454,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,035,000 | 10,190,000 | 15,531,000 | 21,246,000 |
| Interest expense | 1,088,000 | 2,181,000 | 3,323,000 | 4,532,000 |
| Net interest income | 3,947,000 | 8,009,000 | 12,208,000 | 16,714,000 |
| Noninterest income | 172,000 | 380,000 | 495,000 | 655,000 |
| Noninterest expense | 3,430,000 | 6,863,000 | 10,388,000 | 13,867,000 |
| Provision for loan losses | 110,000 | 200,000 | 710,000 | 710,000 |
| Pretax income | 814,000 | 1,665,000 | 2,400,000 | 3,587,000 |
| Income tax | 255,000 | 525,000 | 757,000 | 1,182,000 |
| Net income | 559,000 | 1,140,000 | 1,643,000 | 2,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,536,000 | 41,456,000 | 42,342,000 | 43,328,000 |
| Total capital | 52,544,000 | 53,494,000 | 54,901,000 | 55,900,000 |
| Risk-weighted assets | 391,421,000 | 392,269,000 | 455,884,000 | 463,296,000 |