Call reports 2023
FIRST PALMETTO BANK — 2023
What FIRST PALMETTO BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 882,627,000 | 913,804,000 | 927,242,000 | 906,987,000 |
| Total loans | 680,080,000 | 689,483,000 | 681,631,000 | 684,240,000 |
| Allowance for loan losses | 11,629,000 | 11,649,000 | 11,781,000 | 11,816,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 116,771,000 | 116,955,000 | 108,142,000 | 100,295,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 794,123,000 | 824,801,000 | 836,329,000 | 818,122,000 |
| Interest-bearing deposits | 600,704,000 | 632,528,000 | 648,906,000 | 648,589,000 |
| Noninterest-bearing deposits | 193,419,000 | 192,273,000 | 187,423,000 | 169,533,000 |
| Equity capital | 84,270,000 | 85,712,000 | 87,006,000 | 84,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,050,000 | 18,517,000 | 28,795,000 | 39,388,000 |
| Interest expense | 1,415,000 | 3,648,000 | 6,776,000 | 10,645,000 |
| Net interest income | 7,635,000 | 14,869,000 | 22,019,000 | 28,743,000 |
| Noninterest income | 955,000 | 2,201,000 | 3,674,000 | 4,914,000 |
| Noninterest expense | 5,293,000 | 10,560,000 | 16,164,000 | 21,683,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,297,000 | 6,510,000 | 9,529,000 | 11,974,000 |
| Income tax | 791,000 | 1,562,000 | 2,287,000 | 2,873,000 |
| Net income | 2,506,000 | 4,948,000 | 7,242,000 | 9,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,265,000 | 85,707,000 | 87,001,000 | 84,960,000 |
| Total capital | 92,384,000 | 93,829,000 | 95,017,000 | 92,999,000 |
| Risk-weighted assets | 646,023,000 | 646,223,000 | 637,508,000 | 639,328,000 |