Call reports 2021
SABAL PALM BANK — 2021
What SABAL PALM BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 399,762,000 | 412,177,000 | 425,475,000 | 426,592,000 |
| Total loans | 294,573,000 | 272,122,000 | 254,495,000 | 248,598,000 |
| Allowance for loan losses | 3,568,000 | 2,569,000 | 2,629,000 | 2,785,000 |
| Securities available for sale | 4,582,000 | 7,339,000 | 7,128,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 367,764,000 | 377,457,000 | 389,136,000 | 396,163,000 |
| Interest-bearing deposits | 207,630,000 | 216,031,000 | 227,905,000 | 239,119,000 |
| Noninterest-bearing deposits | 160,134,000 | 161,426,000 | 161,231,000 | 157,045,000 |
| Equity capital | 30,207,000 | 32,859,000 | 34,266,000 | 30,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,364,000 | 7,214,000 | 11,097,000 | 14,483,000 |
| Interest expense | 175,000 | 311,000 | 426,000 | 530,000 |
| Net interest income | 3,189,000 | 6,903,000 | 10,671,000 | 13,953,000 |
| Noninterest income | 411,000 | 873,000 | 1,386,000 | 1,782,000 |
| Noninterest expense | 2,099,000 | 4,122,000 | 6,358,000 | 11,713,000 |
| Provision for loan losses | 20,000 | -980,000 | -920,000 | -765,000 |
| Pretax income | 1,482,000 | 4,635,000 | 6,620,000 | 4,752,000 |
| Income tax | 368,000 | 1,144,000 | 1,665,000 | 1,280,000 |
| Net income | 1,114,000 | 3,491,000 | 4,955,000 | 3,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,134,000 | 32,817,000 | 34,216,000 | 30,151,000 |
| Total capital | — | — | 36,855,000 | 32,850,000 |
| Risk-weighted assets | — | — | 220,313,000 | 215,818,000 |