Call reports 2019
PALMETTO STATE BANK — 2019
What PALMETTO STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 558,394,000 | 555,594,000 | 549,658,000 | 547,122,000 |
| Total loans | 192,855,000 | 185,195,000 | 176,560,000 | 177,011,000 |
| Allowance for loan losses | 4,136,000 | 4,397,000 | 4,791,000 | 3,288,000 |
| Securities available for sale | 93,198,000 | 90,778,000 | 86,418,000 | 82,599,000 |
| Securities held to maturity | 227,747,000 | 223,001,000 | 233,890,000 | 216,726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 454,617,000 | 445,946,000 | 442,777,000 | 463,225,000 |
| Interest-bearing deposits | 430,170,000 | 410,822,000 | 422,112,000 | 385,135,000 |
| Noninterest-bearing deposits | 24,447,000 | 35,124,000 | 20,665,000 | 78,090,000 |
| Equity capital | 90,811,000 | 93,655,000 | 95,353,000 | 71,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,934,000 | 9,887,000 | 14,753,000 | 19,360,000 |
| Interest expense | 317,000 | 670,000 | 1,017,000 | 1,341,000 |
| Net interest income | 4,617,000 | 9,217,000 | 13,736,000 | 18,019,000 |
| Noninterest income | 654,000 | 1,675,000 | 2,210,000 | 3,302,000 |
| Noninterest expense | 2,706,000 | 6,048,000 | 8,627,000 | 11,134,000 |
| Provision for loan losses | 0 | 210,000 | 526,000 | 840,000 |
| Pretax income | 2,565,000 | 4,634,000 | 6,793,000 | 9,347,000 |
| Income tax | 525,000 | 1,050,000 | 1,575,000 | 1,850,000 |
| Net income | 2,040,000 | 3,584,000 | 5,218,000 | 7,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,258,000 | 92,675,000 | 94,574,000 | 70,826,000 |
| Total capital | 94,723,000 | 96,052,000 | 97,807,000 | 74,114,000 |
| Risk-weighted assets | 276,549,000 | 269,144,000 | 257,083,000 | 338,758,000 |