Call reports 2009
SABAL PALM BANK — 2009
What SABAL PALM BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 71,888,000 | 86,579,000 | 88,158,000 | 93,972,000 |
| Total loans | 44,293,000 | 48,268,000 | 49,758,000 | 48,497,000 |
| Allowance for loan losses | 984,000 | 618,000 | 936,000 | 874,000 |
| Securities available for sale | 14,558,000 | 29,084,000 | 30,181,000 | 34,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,147,000 | 75,554,000 | 77,262,000 | 83,333,000 |
| Interest-bearing deposits | 54,270,000 | 69,856,000 | 70,704,000 | 72,550,000 |
| Noninterest-bearing deposits | 5,877,000 | 5,698,000 | 6,559,000 | 10,783,000 |
| Equity capital | 11,599,000 | 10,785,000 | 10,664,000 | 10,502,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 751,000 | 1,589,000 | 2,548,000 | 3,498,000 |
| Interest expense | 333,000 | 675,000 | 1,026,000 | 1,365,000 |
| Net interest income | 418,000 | 914,000 | 1,522,000 | 2,133,000 |
| Noninterest income | 7,000 | 16,000 | 30,000 | 51,000 |
| Noninterest expense | 683,000 | 1,475,000 | 2,334,000 | 3,147,000 |
| Provision for loan losses | 689,000 | 1,507,000 | 1,965,000 | 2,465,000 |
| Pretax income | -947,000 | -2,052,000 | -2,588,000 | -3,272,000 |
| Income tax | -313,000 | -755,000 | -948,000 | -1,199,000 |
| Net income | -634,000 | -1,297,000 | -1,640,000 | -2,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,266,000 | 8,196,000 | 7,691,000 | 7,493,000 |
| Total capital | 9,909,000 | 8,824,000 | 8,350,000 | 8,156,000 |
| Risk-weighted assets | 51,015,000 | 51,051,000 | 51,689,000 | 52,711,000 |