Call reports 2006
PINNACLE BANK OF SOUTH CAROLINA — 2006
What PINNACLE BANK OF SOUTH CAROLINA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 26,527,000 | 32,703,000 | 34,965,000 | 48,649,000 |
| Total loans | 9,582,000 | 17,523,000 | 30,431,000 | 43,338,000 |
| Allowance for loan losses | 125,000 | 225,000 | 390,000 | 570,000 |
| Securities available for sale | 1,948,000 | 2,895,000 | 2,918,000 | 3,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,301,000 | 16,620,000 | 18,844,000 | 31,373,000 |
| Interest-bearing deposits | 8,806,000 | 14,539,000 | 16,303,000 | 28,315,000 |
| Noninterest-bearing deposits | 1,495,000 | 2,081,000 | 2,541,000 | 3,058,000 |
| Equity capital | 16,216,000 | 16,019,000 | 15,842,000 | 15,719,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 384,000 | 850,000 | 1,529,000 | 2,362,000 |
| Interest expense | 57,000 | 176,000 | 339,000 | 602,000 |
| Net interest income | 327,000 | 674,000 | 1,190,000 | 1,760,000 |
| Noninterest income | 2,000 | 68,000 | 85,000 | 113,000 |
| Noninterest expense | 1,037,000 | 1,532,000 | 2,089,000 | 2,639,000 |
| Provision for loan losses | 125,000 | 225,000 | 390,000 | 570,000 |
| Pretax income | -833,000 | -1,015,000 | -1,204,000 | -1,336,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -833,000 | -1,015,000 | -1,204,000 | -1,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,217,000 | 16,035,000 | 15,846,000 | 15,714,000 |
| Total capital | 16,342,000 | 16,260,000 | 16,184,000 | 16,217,000 |
| Risk-weighted assets | 11,272,000 | 18,923,000 | 27,636,000 | 40,183,000 |