Call reports 2008
SABAL PALM BANK — 2008
What SABAL PALM BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 49,459,000 | 53,123,000 | 53,811,000 | 61,109,000 |
| Total loans | 35,879,000 | 37,874,000 | 40,111,000 | 42,109,000 |
| Allowance for loan losses | 596,000 | 1,280,000 | 1,536,000 | 773,000 |
| Securities available for sale | 9,496,000 | 8,872,000 | 8,758,000 | 8,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,303,000 | 39,643,000 | 40,458,000 | 48,646,000 |
| Interest-bearing deposits | 29,472,000 | 36,269,000 | 35,941,000 | 44,917,000 |
| Noninterest-bearing deposits | 2,831,000 | 3,374,000 | 4,517,000 | 3,729,000 |
| Equity capital | 14,037,000 | 13,304,000 | 13,121,000 | 12,222,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 720,000 | 1,448,000 | 2,215,000 | 2,906,000 |
| Interest expense | 249,000 | 538,000 | 826,000 | 1,110,000 |
| Net interest income | 471,000 | 910,000 | 1,389,000 | 1,796,000 |
| Noninterest income | 19,000 | 28,000 | 35,000 | 45,000 |
| Noninterest expense | 662,000 | 1,342,000 | 1,984,000 | 2,630,000 |
| Provision for loan losses | 241,000 | 925,000 | 1,182,000 | 2,681,000 |
| Pretax income | -413,000 | -1,329,000 | -1,742,000 | -3,470,000 |
| Income tax | -148,000 | -485,000 | -632,000 | -1,267,000 |
| Net income | -265,000 | -844,000 | -1,110,000 | -2,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,867,000 | 13,319,000 | 13,083,000 | 10,182,000 |
| Total capital | 14,354,000 | 13,850,000 | 13,630,000 | 10,771,000 |
| Risk-weighted assets | 38,948,000 | 40,969,000 | 42,814,000 | 47,025,000 |