Call reports 2010
PALMETTO HERITAGE BANK & TRUST — 2010
What PALMETTO HERITAGE BANK & TRUST reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 128,074,000 | 131,189,000 | 131,570,000 | 138,573,000 |
| Total loans | 93,441,000 | 94,699,000 | 96,351,000 | 99,430,000 |
| Allowance for loan losses | 762,000 | 802,000 | 837,000 | 1,011,000 |
| Securities available for sale | 7,807,000 | 8,156,000 | 8,338,000 | 8,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,122,000 | 102,350,000 | 103,568,000 | 111,609,000 |
| Interest-bearing deposits | 96,622,000 | 99,252,000 | 99,966,000 | 108,615,000 |
| Noninterest-bearing deposits | 3,500,000 | 3,098,000 | 3,602,000 | 2,993,000 |
| Equity capital | 12,266,000 | 12,307,000 | 12,336,000 | 12,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,409,000 | 2,871,000 | 4,353,000 | 5,783,000 |
| Interest expense | 599,000 | 1,208,000 | 1,790,000 | 2,352,000 |
| Net interest income | 810,000 | 1,663,000 | 2,563,000 | 3,431,000 |
| Noninterest income | 94,000 | 185,000 | 284,000 | 377,000 |
| Noninterest expense | 701,000 | 1,414,000 | 2,174,000 | 3,007,000 |
| Provision for loan losses | 132,000 | 289,000 | 479,000 | 706,000 |
| Pretax income | 71,000 | 145,000 | 194,000 | 95,000 |
| Income tax | 24,000 | 49,000 | 66,000 | 32,000 |
| Net income | 47,000 | 96,000 | 128,000 | 63,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,248,000 | 12,292,000 | 12,330,000 | 12,265,000 |
| Total capital | 13,010,000 | 13,094,000 | 13,167,000 | 13,276,000 |
| Risk-weighted assets | 100,077,000 | 102,405,000 | 103,733,000 | 108,234,000 |