Call reports 2016
PALMETTO STATE BANK — 2016
What PALMETTO STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 528,224,000 | 529,475,000 | 536,980,000 | 543,209,000 |
| Total loans | 184,959,000 | 184,329,000 | 186,904,000 | 187,971,000 |
| Allowance for loan losses | 4,629,000 | 4,562,000 | 4,829,000 | 4,672,000 |
| Securities available for sale | 140,916,000 | 146,957,000 | 139,344,000 | 128,543,000 |
| Securities held to maturity | 141,971,000 | 134,019,000 | 150,353,000 | 172,545,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 433,923,000 | 429,784,000 | 437,693,000 | 448,070,000 |
| Interest-bearing deposits | 413,715,000 | 408,819,000 | 416,882,000 | 426,109,000 |
| Noninterest-bearing deposits | 20,208,000 | 20,965,000 | 20,811,000 | 21,962,000 |
| Equity capital | 77,995,000 | 80,932,000 | 82,151,000 | 81,460,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,418,000 | 8,742,000 | 13,047,000 | 17,248,000 |
| Interest expense | 273,000 | 547,000 | 824,000 | 1,102,000 |
| Net interest income | 4,145,000 | 8,195,000 | 12,223,000 | 16,146,000 |
| Noninterest income | 1,075,000 | 2,218,000 | 3,239,000 | 4,682,000 |
| Noninterest expense | 2,801,000 | 5,674,000 | 8,507,000 | 11,114,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,419,000 | 4,739,000 | 6,955,000 | 9,714,000 |
| Income tax | 600,000 | 1,360,000 | 2,222,000 | 2,837,000 |
| Net income | 1,819,000 | 3,379,000 | 4,733,000 | 6,877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,813,000 | 78,374,000 | 80,408,000 | 81,987,000 |
| Total capital | 80,082,000 | 81,530,000 | 84,187,000 | 85,347,000 |
| Risk-weighted assets | 260,164,000 | 250,955,000 | 301,248,000 | 267,523,000 |