Call reports 2014
PALMETTO HERITAGE BANK & TRUST — 2014
What PALMETTO HERITAGE BANK & TRUST reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 141,577,000 | 142,196,000 | 143,592,000 | 145,909,000 |
| Total loans | 107,043,000 | 108,634,000 | 105,680,000 | 107,221,000 |
| Allowance for loan losses | 1,130,000 | 1,022,000 | 1,031,000 | 1,047,000 |
| Securities available for sale | 3,330,000 | 3,292,000 | 3,250,000 | 3,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,932,000 | 112,576,000 | 113,657,000 | 115,671,000 |
| Interest-bearing deposits | 107,821,000 | 106,848,000 | 109,121,000 | 111,424,000 |
| Noninterest-bearing deposits | 5,111,000 | 5,728,000 | 4,536,000 | 4,247,000 |
| Equity capital | 12,614,000 | 12,788,000 | 12,983,000 | 13,174,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,427,000 | 2,905,000 | 4,361,000 | 5,843,000 |
| Interest expense | 247,000 | 474,000 | 719,000 | 974,000 |
| Net interest income | 1,180,000 | 2,431,000 | 3,642,000 | 4,869,000 |
| Noninterest income | 28,000 | 93,000 | 217,000 | 360,000 |
| Noninterest expense | 937,000 | 1,871,000 | 2,815,000 | 3,784,000 |
| Provision for loan losses | 45,000 | 150,000 | 230,000 | 320,000 |
| Pretax income | 226,000 | 503,000 | 814,000 | 1,125,000 |
| Income tax | 87,000 | 189,000 | 305,000 | 423,000 |
| Net income | 139,000 | 314,000 | 509,000 | 702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,609,000 | 12,783,000 | 12,980,000 | 13,172,000 |
| Total capital | 13,739,000 | 13,804,000 | 14,011,000 | 14,219,000 |
| Risk-weighted assets | 105,412,000 | 104,473,000 | 101,826,000 | 103,361,000 |