Call reports 2022
FIRST PALMETTO BANK — 2022
What FIRST PALMETTO BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 895,412,000 | 909,764,000 | 896,328,000 | 881,470,000 |
| Total loans | 601,297,000 | 609,715,000 | 635,219,000 | 665,336,000 |
| Allowance for loan losses | 11,085,000 | 11,822,000 | 11,884,000 | 11,962,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 77,041,000 | 85,866,000 | 111,136,000 | 116,590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 809,616,000 | 822,875,000 | 807,363,000 | 797,021,000 |
| Interest-bearing deposits | 600,642,000 | 616,017,000 | 594,652,000 | 589,973,000 |
| Noninterest-bearing deposits | 208,974,000 | 206,858,000 | 212,711,000 | 207,048,000 |
| Equity capital | 82,573,000 | 84,294,000 | 86,158,000 | 81,764,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,790,000 | 14,067,000 | 22,092,000 | 30,857,000 |
| Interest expense | 239,000 | 491,000 | 804,000 | 1,472,000 |
| Net interest income | 6,551,000 | 13,576,000 | 21,288,000 | 29,385,000 |
| Noninterest income | 1,910,000 | 4,241,000 | 5,596,000 | 6,541,000 |
| Noninterest expense | 5,265,000 | 11,041,000 | 16,339,000 | 21,525,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,196,000 | 6,776,000 | 10,545,000 | 14,401,000 |
| Income tax | 767,000 | 1,626,000 | 2,531,000 | 3,456,000 |
| Net income | 2,429,000 | 5,150,000 | 8,014,000 | 10,945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,568,000 | 84,289,000 | 86,153,000 | 81,759,000 |
| Total capital | 89,634,000 | 91,591,000 | 93,803,000 | 89,724,000 |
| Risk-weighted assets | 561,261,000 | 579,642,000 | 607,776,000 | 633,192,000 |