Call reports 2017
PALMETTO STATE BANK — 2017
What PALMETTO STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 557,786,000 | 558,726,000 | 552,026,000 | 553,245,000 |
| Total loans | 181,713,000 | 179,240,000 | 176,584,000 | 177,594,000 |
| Allowance for loan losses | 5,077,000 | 5,171,000 | 5,256,000 | 4,569,000 |
| Securities available for sale | 128,110,000 | 122,294,000 | 120,350,000 | 115,252,000 |
| Securities held to maturity | 186,736,000 | 207,516,000 | 210,317,000 | 225,396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 462,394,000 | 459,290,000 | 453,799,000 | 458,070,000 |
| Interest-bearing deposits | 440,016,000 | 436,021,000 | 431,890,000 | 435,626,000 |
| Noninterest-bearing deposits | 22,378,000 | 23,269,000 | 21,909,000 | 22,444,000 |
| Equity capital | 80,910,000 | 82,914,000 | 84,810,000 | 86,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,471,000 | 9,084,000 | 13,670,000 | 18,348,000 |
| Interest expense | 278,000 | 568,000 | 864,000 | 1,162,000 |
| Net interest income | 4,193,000 | 8,516,000 | 12,806,000 | 17,186,000 |
| Noninterest income | 893,000 | 1,749,000 | 3,535,000 | 4,660,000 |
| Noninterest expense | 2,571,000 | 5,437,000 | 8,222,000 | 11,338,000 |
| Provision for loan losses | 40,000 | 82,000 | 124,000 | 0 |
| Pretax income | 2,475,000 | 4,746,000 | 7,995,000 | 10,508,000 |
| Income tax | 630,000 | 1,230,000 | 2,425,000 | 2,967,000 |
| Net income | 1,845,000 | 3,516,000 | 5,570,000 | 7,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,291,000 | 82,962,000 | 82,976,000 | 85,498,000 |
| Total capital | 84,668,000 | 86,489,000 | 86,318,000 | 88,817,000 |
| Risk-weighted assets | 268,501,000 | 280,555,000 | 265,058,000 | 263,999,000 |