Call reports 2020
FIRST PALMETTO BANK — 2020
What FIRST PALMETTO BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 718,274,000 | 797,647,000 | 806,811,000 | 815,415,000 |
| Total loans | 488,979,000 | 550,232,000 | 552,367,000 | 588,813,000 |
| Allowance for loan losses | 6,554,000 | 6,893,000 | 8,314,000 | 9,664,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 122,505,000 | 108,522,000 | 75,140,000 | 49,140,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 635,081,000 | 713,169,000 | 720,898,000 | 734,325,000 |
| Interest-bearing deposits | 519,298,000 | 561,957,000 | 566,651,000 | 578,834,000 |
| Noninterest-bearing deposits | 115,783,000 | 151,212,000 | 154,247,000 | 155,491,000 |
| Equity capital | 80,926,000 | 81,951,000 | 83,002,000 | 78,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,103,000 | 13,813,000 | 21,012,000 | 27,758,000 |
| Interest expense | 1,387,000 | 2,451,000 | 3,295,000 | 3,962,000 |
| Net interest income | 5,716,000 | 11,362,000 | 17,717,000 | 23,796,000 |
| Noninterest income | 1,117,000 | 3,040,000 | 6,551,000 | 10,899,000 |
| Noninterest expense | 4,036,000 | 8,640,000 | 14,431,000 | 20,656,000 |
| Provision for loan losses | 0 | 300,000 | 1,675,000 | 3,175,000 |
| Pretax income | 2,797,000 | 5,462,000 | 8,162,000 | 10,864,000 |
| Income tax | 671,000 | 1,311,000 | 1,960,000 | 2,609,000 |
| Net income | 2,126,000 | 4,151,000 | 6,202,000 | 8,255,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,703,000 | 79,688,000 | 80,775,000 | 76,676,000 |
| Total capital | 84,664,000 | 85,564,000 | 86,554,000 | 82,784,000 |
| Risk-weighted assets | 476,294,000 | 469,080,000 | 459,799,000 | 485,043,000 |