Call reports 2017
FIRST PRIORITY BANK — 2017
What FIRST PRIORITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 602,213,000 | 607,038,000 | 611,567,000 | 609,686,000 |
| Total loans | 487,781,000 | 494,719,000 | 497,918,000 | 518,927,000 |
| Allowance for loan losses | 3,332,000 | 3,285,000 | 3,317,000 | 3,405,000 |
| Securities available for sale | 36,780,000 | 47,122,000 | 53,661,000 | 52,373,000 |
| Securities held to maturity | 18,923,000 | 18,725,000 | 18,705,000 | 18,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,414,000 | 463,645,000 | 500,889,000 | 523,285,000 |
| Interest-bearing deposits | 406,883,000 | 401,817,000 | 432,475,000 | 457,526,000 |
| Noninterest-bearing deposits | 61,531,000 | 61,828,000 | 68,414,000 | 65,759,000 |
| Equity capital | 48,352,000 | 49,276,000 | 49,972,000 | 50,119,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,740,000 | 11,690,000 | 17,835,000 | 24,053,000 |
| Interest expense | 1,265,000 | 2,658,000 | 4,232,000 | 5,851,000 |
| Net interest income | 4,475,000 | 9,032,000 | 13,603,000 | 18,202,000 |
| Noninterest income | 206,000 | 334,000 | 502,000 | 677,000 |
| Noninterest expense | 3,509,000 | 7,002,000 | 10,693,000 | 14,348,000 |
| Provision for loan losses | 10,000 | 135,000 | 165,000 | 385,000 |
| Pretax income | 1,187,000 | 2,335,000 | 3,434,000 | 4,562,000 |
| Income tax | 377,000 | 729,000 | 1,079,000 | 1,890,000 |
| Net income | 810,000 | 1,606,000 | 2,355,000 | 2,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,473,000 | 45,657,000 | 46,793,000 | 47,215,000 |
| Total capital | 57,053,000 | 58,196,000 | 59,370,000 | 59,886,000 |
| Risk-weighted assets | 466,367,000 | 472,797,000 | 476,033,000 | 492,924,000 |