First Priority Bank

First Priority Bank is headquartered in Malvern and is the 117^st largest bank in the state of Pennsylvania. It is also the 2,344^th largest bank in the nation. It was established in 2005 and as of December of 2012, it had grown to 46 employees at 6 locations. First Priority Bank has a 4-star health rating.

First Priority Bank Routing Number: 031918899

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Data for Q4 2012

Institution Statistics First Priority Bank FDIC Certificate # 58092 BankRate Report View Year Established 2005 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $275.15 million Loans $241.82 million Deposits $233.45 million Equity Capital $27.58 million Loan Loss Allowance $2.46 million Unbacked Noncurrent Loans $4.09 million Real Estate Owned $184,000 Historic Data - December 2011 Assets $285.35 million Equity Capital $27.28 million Loan Loss Allowance $2.47 million Unbacked Noncurrent Loans $6.82 million Real Estate Owned $230,000 Profit Margin - Quarterly Net Interest Margin 3.57% Return on Assets 0.28% Return on Equity 2.85% Interest Income $13.08 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 First Priority Bank had $4.28 million in non-current loans and owned real-estate with $30.04 million in equity and loan loss allowances on hand to cover it. This gives First Priority Bank a Texas Ratio of 14.24% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Priority Bank decreased slightly from 23.68% as of December 31, 2011 to 14.24% as of December 31, 2012, resulting in a positive change of 39.88%.This indicates that the balance sheet and financial strength for First Priority Bank has improved slightly in recent periods. Deposit Growth In the past year, First Priority Bank has decreased its total deposits by -$12.6 million, resulting in -5.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Priority Bank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Priority Bank has $275.14 million in assets with $30.04 million in equity, resulting in a capitalization level of 10.92%, which is above average.

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