Call reports 2018
PALMETTO STATE BANK — 2018
What PALMETTO STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 559,850,000 | 570,455,000 | 560,044,000 | 546,144,000 |
| Total loans | 175,888,000 | 178,008,000 | 185,316,000 | 186,222,000 |
| Allowance for loan losses | 4,910,000 | 5,192,000 | 4,749,000 | 3,986,000 |
| Securities available for sale | 108,863,000 | 102,964,000 | 97,795,000 | 95,871,000 |
| Securities held to maturity | 221,986,000 | 232,741,000 | 234,409,000 | 231,232,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 464,025,000 | 470,496,000 | 463,102,000 | 447,888,000 |
| Interest-bearing deposits | 438,357,000 | 449,632,000 | 442,048,000 | 421,726,000 |
| Noninterest-bearing deposits | 25,668,000 | 20,864,000 | 21,054,000 | 26,162,000 |
| Equity capital | 83,564,000 | 85,144,000 | 86,733,000 | 88,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,700,000 | 9,468,000 | 14,380,000 | 19,303,000 |
| Interest expense | 294,000 | 603,000 | 915,000 | 1,227,000 |
| Net interest income | 4,406,000 | 8,865,000 | 13,465,000 | 18,076,000 |
| Noninterest income | 898,000 | 1,817,000 | 2,743,000 | 3,516,000 |
| Noninterest expense | 2,812,000 | 5,829,000 | 8,614,000 | 10,967,000 |
| Provision for loan losses | 137,000 | 137,000 | 187,000 | 0 |
| Pretax income | 2,355,000 | 4,716,000 | 7,407,000 | 10,625,000 |
| Income tax | 570,000 | 1,155,000 | 1,740,000 | 2,400,000 |
| Net income | 1,785,000 | 3,561,000 | 5,667,000 | 8,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,340,000 | 88,202,000 | 87,594,000 | 90,283,000 |
| Total capital | 87,696,000 | 91,992,000 | 91,243,000 | 93,875,000 |
| Risk-weighted assets | 264,847,000 | 301,821,000 | 290,805,000 | 286,973,000 |