Call reports 2003
FIRST PRYORITY BANK — 2003
What FIRST PRYORITY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 127,009,000 | 128,830,000 | 125,180,000 | 129,759,000 |
| Total loans | 85,418,000 | 82,487,000 | 78,390,000 | 81,274,000 |
| Allowance for loan losses | 1,085,000 | 1,084,000 | 1,068,000 | 817,000 |
| Securities available for sale | 26,969,000 | 28,526,000 | 28,776,000 | 27,727,000 |
| Securities held to maturity | 36,000 | 34,000 | 27,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,450,000 | 102,414,000 | 98,463,000 | 103,101,000 |
| Interest-bearing deposits | 86,888,000 | 87,292,000 | 81,347,000 | 85,691,000 |
| Noninterest-bearing deposits | 13,562,000 | 15,122,000 | 17,116,000 | 17,410,000 |
| Equity capital | 15,191,000 | 15,613,000 | 15,875,000 | 16,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,732,000 | 3,444,000 | 5,188,000 | 7,042,000 |
| Interest expense | 483,000 | 925,000 | 1,308,000 | 1,681,000 |
| Net interest income | 1,249,000 | 2,519,000 | 3,880,000 | 5,361,000 |
| Noninterest income | 144,000 | 328,000 | 528,000 | 781,000 |
| Noninterest expense | 833,000 | 1,645,000 | 2,458,000 | 3,227,000 |
| Provision for loan losses | 0 | 0 | 0 | 300,000 |
| Pretax income | 560,000 | 1,202,000 | 1,950,000 | 2,615,000 |
| Income tax | 118,000 | 250,000 | 458,000 | 615,000 |
| Net income | 442,000 | 952,000 | 1,492,000 | 2,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,133,000 | 15,443,000 | 15,697,000 | 15,899,000 |
| Total capital | 16,218,000 | 16,527,000 | 16,765,000 | 16,716,000 |
| Risk-weighted assets | 110,428,000 | 111,455,000 | 104,650,000 | 107,798,000 |