Call reports 2024
FIRST PRYORITY BANK — 2024
What FIRST PRYORITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 441,611,000 | 450,059,000 | 454,141,000 | 458,913,000 |
| Total loans | 348,788,000 | 355,317,000 | 358,065,000 | 371,166,000 |
| Allowance for loan losses | 5,706,000 | 6,072,000 | 6,386,000 | 5,596,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 35,162,000 | 41,339,000 | 42,861,000 | 41,126,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 397,450,000 | 404,641,000 | 406,875,000 | 410,675,000 |
| Interest-bearing deposits | 319,344,000 | 325,234,000 | 322,934,000 | 329,541,000 |
| Noninterest-bearing deposits | 78,106,000 | 79,407,000 | 83,941,000 | 81,134,000 |
| Equity capital | 41,780,000 | 43,094,000 | 44,635,000 | 46,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 7,828,000 | 15,868,000 | 24,095,000 | 32,374,000 |
| Interest expense | 3,256,000 | 6,744,000 | 10,439,000 | 13,991,000 |
| Net interest income | 4,572,000 | 9,124,000 | 13,656,000 | 18,383,000 |
| Noninterest income | 510,000 | 1,189,000 | 2,068,000 | 3,090,000 |
| Noninterest expense | 2,857,000 | 6,092,000 | 9,391,000 | 12,829,000 |
| Provision for loan losses | 285,000 | 666,000 | 986,000 | 1,196,000 |
| Pretax income | 1,960,000 | 3,616,000 | 5,413,000 | 7,409,000 |
| Income tax | 269,000 | 611,000 | 967,000 | 1,289,000 |
| Net income | 1,691,000 | 3,005,000 | 4,446,000 | 6,120,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,780,000 | 43,094,000 | 44,635,000 | 46,309,000 |
| Total capital | 46,084,000 | 47,622,000 | 49,061,000 | 51,000,000 |
| Risk-weighted assets | 342,367,000 | 360,176,000 | 351,602,000 | 373,808,000 |