Call reports 2016
PALMETTO HERITAGE BANK & TRUST — 2016
What PALMETTO HERITAGE BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 149,965,000 | 152,147,000 | 154,180,000 | 154,045,000 |
| Total loans | 112,017,000 | 114,357,000 | 118,123,000 | 120,771,000 |
| Allowance for loan losses | 1,043,000 | 1,148,000 | 1,148,000 | 1,143,000 |
| Securities available for sale | 8,399,000 | 5,636,000 | 6,902,000 | 7,669,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,590,000 | 117,320,000 | 117,887,000 | 117,614,000 |
| Interest-bearing deposits | 111,239,000 | 111,192,000 | 110,900,000 | 110,799,000 |
| Noninterest-bearing deposits | 5,351,000 | 6,128,000 | 6,987,000 | 6,815,000 |
| Equity capital | 14,607,000 | 14,899,000 | 15,211,000 | 15,527,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,529,000 | 3,136,000 | 4,794,000 | 6,508,000 |
| Interest expense | 258,000 | 541,000 | 843,000 | 1,152,000 |
| Net interest income | 1,271,000 | 2,595,000 | 3,951,000 | 5,356,000 |
| Noninterest income | 130,000 | 281,000 | 459,000 | 639,000 |
| Noninterest expense | 969,000 | 1,995,000 | 3,041,000 | 4,098,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 432,000 | 881,000 | 1,369,000 | 1,887,000 |
| Income tax | 151,000 | 314,000 | 490,000 | 677,000 |
| Net income | 281,000 | 567,000 | 879,000 | 1,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,574,000 | 14,863,000 | 15,180,000 | 15,516,000 |
| Total capital | 15,617,000 | 16,011,000 | 16,328,000 | 16,659,000 |
| Risk-weighted assets | 111,413,000 | 111,649,000 | 114,008,000 | 117,024,000 |