Call reports 2017
PALMETTO HERITAGE BANK & TRUST — 2017
What PALMETTO HERITAGE BANK & TRUST reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 156,479,000 | 161,566,000 | 162,954,000 | 162,658,000 |
| Total loans | 124,010,000 | 129,772,000 | 128,896,000 | 130,573,000 |
| Allowance for loan losses | 1,143,000 | 1,150,000 | 1,162,000 | 1,168,000 |
| Securities available for sale | 7,351,000 | 7,194,000 | 7,044,000 | 6,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,523,000 | 122,151,000 | 123,116,000 | 122,516,000 |
| Interest-bearing deposits | 113,147,000 | 114,011,000 | 114,798,000 | 115,055,000 |
| Noninterest-bearing deposits | 6,376,000 | 8,140,000 | 8,318,000 | 7,461,000 |
| Equity capital | 15,888,000 | 15,941,000 | 15,948,000 | 16,314,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,773,000 | 3,568,000 | 5,453,000 | 7,374,000 |
| Interest expense | 317,000 | 659,000 | 1,032,000 | 1,424,000 |
| Net interest income | 1,456,000 | 2,909,000 | 4,421,000 | 5,950,000 |
| Noninterest income | 143,000 | 286,000 | 439,000 | 586,000 |
| Noninterest expense | 1,049,000 | 2,038,000 | 3,083,000 | 4,181,000 |
| Provision for loan losses | 0 | 7,000 | 19,000 | 25,000 |
| Pretax income | 550,000 | 1,150,000 | 1,758,000 | 2,330,000 |
| Income tax | 195,000 | 409,000 | 627,000 | 826,000 |
| Net income | 355,000 | 741,000 | 1,131,000 | 1,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,876,000 | 15,938,000 | 15,950,000 | 16,334,000 |
| Total capital | 17,019,000 | 17,088,000 | 17,112,000 | 17,502,000 |
| Risk-weighted assets | 119,214,000 | 122,127,000 | 121,859,000 | 123,873,000 |