Call reports 2003
ROYAL PALM BANK OF FLORIDA, THE — 2003
What ROYAL PALM BANK OF FLORIDA, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 51,734,000 | 60,012,000 | 58,669,000 | 61,813,000 |
| Total loans | 36,203,000 | 40,137,000 | 41,950,000 | 45,176,000 |
| Allowance for loan losses | 434,000 | 482,000 | 506,000 | 542,000 |
| Securities available for sale | 3,639,000 | 7,996,000 | 7,459,000 | 7,276,000 |
| Securities held to maturity | 0 | 0 | 1,000,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,626,000 | 51,035,000 | 49,784,000 | 53,008,000 |
| Interest-bearing deposits | 40,832,000 | 48,500,000 | 47,761,000 | 50,991,000 |
| Noninterest-bearing deposits | 1,794,000 | 2,535,000 | 2,023,000 | 2,017,000 |
| Equity capital | 9,031,000 | 8,911,000 | 8,800,000 | 8,739,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 579,000 | 1,275,000 | 1,985,000 | 2,712,000 |
| Interest expense | 236,000 | 491,000 | 728,000 | 963,000 |
| Net interest income | 343,000 | 784,000 | 1,257,000 | 1,749,000 |
| Noninterest income | 21,000 | 37,000 | 72,000 | 83,000 |
| Noninterest expense | 488,000 | 1,087,000 | 1,667,000 | 2,265,000 |
| Provision for loan losses | 62,000 | 110,000 | 134,000 | 170,000 |
| Pretax income | -186,000 | -376,000 | -472,000 | -603,000 |
| Income tax | -58,000 | -91,000 | -184,000 | -227,000 |
| Net income | -128,000 | -285,000 | -288,000 | -376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,255,000 | 8,098,000 | 7,969,000 | 7,823,000 |
| Total capital | 8,682,000 | 8,567,000 | 8,455,000 | 8,356,000 |
| Risk-weighted assets | 33,636,000 | 37,522,000 | 38,867,000 | 42,676,000 |