Call reports 2023
FIRST PRYORITY BANK — 2023
What FIRST PRYORITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 383,494,000 | 387,751,000 | 408,396,000 | 417,111,000 |
| Total loans | 311,931,000 | 325,279,000 | 326,241,000 | 345,274,000 |
| Allowance for loan losses | 4,714,000 | 5,162,000 | 5,588,000 | 5,280,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 28,287,000 | 32,006,000 | 33,240,000 | 34,132,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,655,000 | 349,460,000 | 368,182,000 | 375,644,000 |
| Interest-bearing deposits | 285,124,000 | 279,063,000 | 291,879,000 | 303,396,000 |
| Noninterest-bearing deposits | 62,531,000 | 70,397,000 | 76,303,000 | 72,248,000 |
| Equity capital | 34,018,000 | 36,575,000 | 38,418,000 | 39,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,778,000 | 12,165,000 | 18,839,000 | 25,989,000 |
| Interest expense | 1,927,000 | 4,290,000 | 6,940,000 | 9,886,000 |
| Net interest income | 3,851,000 | 7,875,000 | 11,899,000 | 16,103,000 |
| Noninterest income | 537,000 | 1,060,000 | 1,784,000 | 2,347,000 |
| Noninterest expense | 1,928,000 | 4,293,000 | 6,976,000 | 9,771,000 |
| Provision for loan losses | 333,000 | 782,000 | 1,202,000 | 1,371,000 |
| Pretax income | 1,985,000 | 3,792,000 | 5,432,000 | 7,104,000 |
| Income tax | 360,000 | 621,000 | 863,000 | 1,263,000 |
| Net income | 1,625,000 | 3,171,000 | 4,569,000 | 5,841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,018,000 | 36,575,000 | 38,418,000 | 39,964,000 |
| Total capital | 37,812,000 | 40,626,000 | 42,391,000 | 44,281,000 |
| Risk-weighted assets | 302,035,000 | 322,553,000 | 315,806,000 | 343,848,000 |