FIRST PRIORITY FINANCIAL CORP. (FPBK) financial statements (2020 and earlier)

Company profile

Business Address 2 WEST LIBERTY BOULEVARD
MALVERN, PA 19355
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments856811
Cash and cash equivalents856811
Total current assets:856811
Noncurrent Assets
Property, plant and equipment22223
Intangible assets, net (including goodwill)33333
Goodwill33333
Intangible assets, net (excluding goodwill)00000
Total noncurrent assets:55556
Other undisclosed assets597588536479429
TOTAL ASSETS:610598547492446
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt37605134
Total current liabilities:37605134
Noncurrent Liabilities
Long-term debt and lease obligation182124  
Long-term debt, excluding current maturities182124  
Total noncurrent liabilities:182124  
Other undisclosed liabilities538522411391370
Total liabilities:559550494442404
Stockholders' equity
Stockholders' equity attributable to parent, including:5048525042
Common stock77666
Additional paid in capital4141404040
Accumulated other comprehensive income (loss)(0)(0)0(0)(1)
Accumulated deficit(0)(2)(4)(6)(12)
Other undisclosed stockholders' equity attributable to parent33999
Total stockholders' equity:5048525042
TOTAL LIABILITIES AND EQUITY:610598547492446

Income statement (P&L) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues25222019 
Net investment income24212019 
Cost of revenue
(Financial Services Costs)
(0)(1)(1)(1)(1)
Gross profit:24222018(1)
Operating expenses(12)(12)(11)(13)(9)
Other operating income, net
(Noninterest Income, Other Operating Income)
00000
Operating income (loss):131095(9)
Nonoperating income (expense)0000(0)
Investment income, nonoperating   0 
Gains (losses) on sales of other real estate   0(0)
Bank owned life insurance income0000 
Interest and debt expense(6)(5)(3)(3)(3)
Income (loss) from continuing operations before equity method investments, income taxes:7653(12)
Other undisclosed income (loss) from continuing operations before income taxes(2)(2)(2)(0)12
Income from continuing operations before income taxes:43320
Income tax expense (benefit)(2)(1)(1)5(0)
Net income attributable to parent:22270
Preferred stock dividends and other adjustments(0)(0)(1)(1)(1)
Net income (loss) available to common stockholders, diluted:2216(0)

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:22270
Other comprehensive income (loss)0(0)01 
Comprehensive income, net of tax, attributable to parent:22280

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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