Call reports 2015
PALMETTO STATE BANK — 2015
What PALMETTO STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 500,775,000 | 494,556,000 | 505,569,000 | 524,814,000 |
| Total loans | 182,910,000 | 181,845,000 | 182,493,000 | 178,356,000 |
| Allowance for loan losses | 4,677,000 | 4,530,000 | 4,593,000 | 4,431,000 |
| Securities available for sale | 101,700,000 | 107,134,000 | 138,493,000 | 132,981,000 |
| Securities held to maturity | 158,475,000 | 140,170,000 | 114,287,000 | 135,838,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,168,000 | 410,520,000 | 414,539,000 | 435,921,000 |
| Interest-bearing deposits | 394,475,000 | 389,151,000 | 394,525,000 | 398,265,000 |
| Noninterest-bearing deposits | 22,693,000 | 21,369,000 | 20,014,000 | 37,656,000 |
| Equity capital | 73,177,000 | 73,763,000 | 75,961,000 | 75,397,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,217,000 | 8,727,000 | 12,915,000 | 17,457,000 |
| Interest expense | 272,000 | 546,000 | 817,000 | 1,091,000 |
| Net interest income | 3,945,000 | 8,181,000 | 12,098,000 | 16,366,000 |
| Noninterest income | 819,000 | 2,254,000 | 4,617,000 | 5,334,000 |
| Noninterest expense | 2,520,000 | 5,393,000 | 9,425,000 | 11,018,000 |
| Provision for loan losses | 230,000 | 320,000 | 410,000 | 410,000 |
| Pretax income | 2,014,000 | 4,722,000 | 6,880,000 | 10,272,000 |
| Income tax | 435,000 | 1,585,000 | 2,185,000 | 3,164,000 |
| Net income | 1,579,000 | 3,137,000 | 4,695,000 | 7,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,621,000 | 73,180,000 | 75,051,000 | 75,077,000 |
| Total capital | 74,785,000 | 76,331,000 | 78,248,000 | 78,225,000 |
| Risk-weighted assets | 255,034,000 | 250,727,000 | 254,421,000 | 250,538,000 |