Call reports 2010
PALM DESERT NATIONAL BANK — 2010
What PALM DESERT NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 264,791,000 | 237,455,000 | 260,262,000 | 224,481,000 |
| Total loans | 180,106,000 | 168,409,000 | 165,929,000 | 108,277,000 |
| Allowance for loan losses | 8,387,000 | 8,623,000 | 8,314,000 | 6,125,000 |
| Securities available for sale | 10,857,000 | 10,867,000 | 38,693,000 | 34,884,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,733,000 | 228,399,000 | 252,803,000 | 217,449,000 |
| Interest-bearing deposits | 161,969,000 | 135,271,000 | 152,094,000 | 114,576,000 |
| Noninterest-bearing deposits | 91,764,000 | 93,128,000 | 100,709,000 | 102,873,000 |
| Equity capital | 10,409,000 | 8,470,000 | 7,031,000 | 6,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,523,000 | 4,861,000 | 7,116,000 | 9,042,000 |
| Interest expense | 613,000 | 1,120,000 | 1,614,000 | 2,010,000 |
| Net interest income | 1,910,000 | 3,741,000 | 5,502,000 | 7,032,000 |
| Noninterest income | 1,309,000 | 2,538,000 | 3,616,000 | 7,000,000 |
| Noninterest expense | 5,779,000 | 9,457,000 | 13,799,000 | 17,756,000 |
| Provision for loan losses | 446,000 | 1,151,000 | 1,451,000 | 2,958,000 |
| Pretax income | -3,006,000 | -4,329,000 | -5,803,000 | -6,286,000 |
| Income tax | 0 | 625,000 | 625,000 | 625,000 |
| Net income | -3,006,000 | -4,954,000 | -6,428,000 | -6,911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,394,000 | 8,446,000 | 6,973,000 | 6,489,000 |
| Total capital | 12,755,000 | 10,602,000 | 9,080,000 | 7,980,000 |
| Risk-weighted assets | 182,819,000 | 165,961,000 | 162,288,000 | 114,656,000 |