Call reports 2007
SABAL PALM BANK — 2007
What SABAL PALM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 37,149,000 | 38,375,000 | 43,315,000 | 43,349,000 |
| Total loans | 7,891,000 | 15,868,000 | 20,887,000 | 29,188,000 |
| Allowance for loan losses | 99,000 | 189,000 | 250,000 | 355,000 |
| Securities available for sale | 9,149,000 | 9,675,000 | 9,625,000 | 9,544,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,636,000 | 24,135,000 | 28,984,000 | 29,073,000 |
| Interest-bearing deposits | 18,835,000 | 22,235,000 | 26,214,000 | 25,499,000 |
| Noninterest-bearing deposits | 3,801,000 | 1,900,000 | 2,770,000 | 3,574,000 |
| Equity capital | 14,460,000 | 14,173,000 | 14,224,000 | 14,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 458,000 | 1,031,000 | 1,716,000 | 2,440,000 |
| Interest expense | 191,000 | 406,000 | 682,000 | 958,000 |
| Net interest income | 267,000 | 625,000 | 1,034,000 | 1,482,000 |
| Noninterest income | 10,000 | 21,000 | 31,000 | 38,000 |
| Noninterest expense | 469,000 | 1,002,000 | 1,500,000 | 2,112,000 |
| Provision for loan losses | 67,000 | 158,000 | 219,000 | 323,000 |
| Pretax income | -259,000 | -514,000 | -654,000 | -915,000 |
| Income tax | -107,000 | -209,000 | -258,000 | -313,000 |
| Net income | -152,000 | -305,000 | -396,000 | -602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,467,000 | 14,343,000 | 14,281,000 | 14,103,000 |
| Total capital | 14,566,000 | 14,532,000 | 14,531,000 | 14,458,000 |
| Risk-weighted assets | 14,107,000 | 20,770,000 | 25,848,000 | 31,975,000 |