Call reports 2020
FIRST PRYORITY BANK — 2020
What FIRST PRYORITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 216,957,000 | 254,895,000 | 260,901,000 | 264,263,000 |
| Total loans | 161,414,000 | 201,418,000 | 214,320,000 | 215,483,000 |
| Allowance for loan losses | 3,688,000 | 4,005,000 | 4,136,000 | 3,785,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,873,000 | 7,460,000 | 8,880,000 | 9,668,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,941,000 | 229,009,000 | 234,787,000 | 237,364,000 |
| Interest-bearing deposits | 165,986,000 | 187,580,000 | 194,845,000 | 196,030,000 |
| Noninterest-bearing deposits | 26,955,000 | 41,429,000 | 39,942,000 | 41,334,000 |
| Equity capital | 23,028,000 | 24,300,000 | 25,017,000 | 25,842,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,777,000 | 6,344,000 | 8,929,000 | 11,627,000 |
| Interest expense | 723,000 | 1,408,000 | 2,077,000 | 2,638,000 |
| Net interest income | 2,054,000 | 4,936,000 | 6,852,000 | 8,989,000 |
| Noninterest income | 477,000 | 1,077,000 | 1,534,000 | 1,930,000 |
| Noninterest expense | 1,169,000 | 2,450,000 | 3,758,000 | 5,066,000 |
| Provision for loan losses | 190,000 | 632,000 | 760,000 | 885,000 |
| Pretax income | 1,172,000 | 2,931,000 | 3,868,000 | 4,968,000 |
| Income tax | 188,000 | 675,000 | 895,000 | 1,170,000 |
| Net income | 984,000 | 2,256,000 | 2,973,000 | 3,798,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,028,000 | 24,300,000 | 25,017,000 | 25,842,000 |