Call reports 2008
ROYAL PALM BANK OF FLORIDA, THE — 2008
What ROYAL PALM BANK OF FLORIDA, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 172,187,000 | 175,567,000 | 181,198,000 | 179,564,000 |
| Total loans | 117,990,000 | 121,109,000 | 133,335,000 | 129,713,000 |
| Allowance for loan losses | 3,954,000 | 3,758,000 | 5,280,000 | 6,181,000 |
| Securities available for sale | 12,828,000 | 12,344,000 | 12,099,000 | 11,976,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,155,000 | 128,507,000 | 134,195,000 | 129,403,000 |
| Interest-bearing deposits | 116,164,000 | 117,855,000 | 128,710,000 | 122,842,000 |
| Noninterest-bearing deposits | 3,991,000 | 10,652,000 | 5,485,000 | 6,561,000 |
| Equity capital | 40,091,000 | 39,515,000 | 38,531,000 | 40,333,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,365,000 | 4,533,000 | 6,525,000 | 8,431,000 |
| Interest expense | 1,291,000 | 2,462,000 | 3,636,000 | 4,714,000 |
| Net interest income | 1,074,000 | 2,071,000 | 2,889,000 | 3,717,000 |
| Noninterest income | -448,000 | -401,000 | -416,000 | -368,000 |
| Noninterest expense | 1,366,000 | 2,842,000 | 4,236,000 | 5,624,000 |
| Provision for loan losses | 2,500,000 | 2,850,000 | 4,669,000 | 8,469,000 |
| Pretax income | -3,240,000 | -4,022,000 | -6,432,000 | -10,744,000 |
| Income tax | -1,223,000 | -1,520,000 | -2,430,000 | -3,765,000 |
| Net income | -2,017,000 | -2,502,000 | -4,002,000 | -6,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,101,000 | 12,790,000 | 11,654,000 | 13,414,000 |
| Total capital | 14,631,000 | 14,324,000 | 13,282,000 | 15,043,000 |
| Risk-weighted assets | 119,983,000 | 120,458,000 | 131,422,000 | 125,786,000 |