Call reports 2002
ROYAL PALM BANK OF FLORIDA, THE — 2002
What ROYAL PALM BANK OF FLORIDA, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 18,028,000 | 24,932,000 | 28,610,000 | 42,394,000 |
| Total loans | 9,152,000 | 16,443,000 | 24,150,000 | 31,869,000 |
| Allowance for loan losses | 137,000 | 246,000 | 360,000 | 382,000 |
| Securities available for sale | 0 | 1,542,000 | 1,543,000 | 2,512,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,931,000 | 16,117,000 | 20,018,000 | 33,566,000 |
| Interest-bearing deposits | 6,480,000 | 13,589,000 | 18,501,000 | 31,912,000 |
| Noninterest-bearing deposits | 2,451,000 | 2,528,000 | 1,517,000 | 1,654,000 |
| Equity capital | 9,070,000 | 8,779,000 | 8,554,000 | 8,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 110,000 | 370,000 | 753,000 | 1,242,000 |
| Interest expense | 19,000 | 93,000 | 210,000 | 407,000 |
| Net interest income | 91,000 | 277,000 | 543,000 | 835,000 |
| Noninterest income | 0 | 11,000 | 15,000 | 28,000 |
| Noninterest expense | 355,000 | 741,000 | 1,132,000 | 1,548,000 |
| Provision for loan losses | 87,000 | 196,000 | 310,000 | 332,000 |
| Pretax income | -351,000 | -649,000 | -884,000 | -1,017,000 |
| Income tax | 0 | 0 | 0 | -355,000 |
| Net income | -351,000 | -649,000 | -884,000 | -662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,070,000 | 8,772,000 | 8,537,000 | 8,058,000 |
| Total capital | 9,201,000 | 8,976,000 | 8,806,000 | 8,416,000 |
| Risk-weighted assets | 10,493,000 | 16,292,000 | 21,413,000 | 28,654,000 |