Call reports 2020
SABAL PALM BANK — 2020
What SABAL PALM BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 259,871,000 | 337,958,000 | 382,390,000 | 354,514,000 |
| Total loans | 195,818,000 | 275,340,000 | 288,708,000 | 281,077,000 |
| Allowance for loan losses | 2,531,000 | 3,437,000 | 3,440,000 | 3,548,000 |
| Securities available for sale | 10,279,000 | 7,693,000 | 7,502,000 | 4,817,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,293,000 | 274,285,000 | 316,793,000 | 312,305,000 |
| Interest-bearing deposits | 153,149,000 | 159,695,000 | 174,562,000 | 183,485,000 |
| Noninterest-bearing deposits | 81,144,000 | 114,590,000 | 142,231,000 | 128,820,000 |
| Equity capital | 24,459,000 | 25,144,000 | 26,718,000 | 27,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,767,000 | 6,537,000 | 10,544,000 | 14,330,000 |
| Interest expense | 457,000 | 826,000 | 1,172,000 | 1,447,000 |
| Net interest income | 2,310,000 | 5,711,000 | 9,372,000 | 12,883,000 |
| Noninterest income | 238,000 | 484,000 | 820,000 | 1,257,000 |
| Noninterest expense | 1,784,000 | 3,779,000 | 5,710,000 | 7,893,000 |
| Provision for loan losses | 40,000 | 880,000 | 880,000 | 880,000 |
| Pretax income | 752,000 | 1,564,000 | 3,630,000 | 5,395,000 |
| Income tax | 196,000 | 408,000 | 938,000 | 1,341,000 |
| Net income | 556,000 | 1,156,000 | 2,692,000 | 4,054,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,746,000 | 24,595,000 | 26,599,000 | 27,284,000 |
| Total capital | 26,059,000 | 26,976,000 | 29,075,000 | — |
| Risk-weighted assets | 184,814,000 | 189,420,000 | 197,139,000 | — |