Call reports 2010
PINNACLE BANK OF SOUTH CAROLINA — 2010
What PINNACLE BANK OF SOUTH CAROLINA 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 | 122,248,000 | 122,432,000 | 128,737,000 | 127,648,000 |
| Total loans | 101,805,000 | 99,414,000 | 97,693,000 | 95,567,000 |
| Allowance for loan losses | 1,584,000 | 1,630,000 | 1,760,000 | 1,752,000 |
| Securities available for sale | 9,070,000 | 11,677,000 | 14,039,000 | 16,900,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,455,000 | 92,384,000 | 96,594,000 | 98,485,000 |
| Interest-bearing deposits | 87,630,000 | 85,071,000 | 87,552,000 | 89,586,000 |
| Noninterest-bearing deposits | 6,825,000 | 7,313,000 | 9,042,000 | 8,899,000 |
| Equity capital | 16,250,000 | 16,213,000 | 16,418,000 | 16,551,000 |
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 | 1,623,000 | 3,214,000 | 4,752,000 | 6,294,000 |
| Interest expense | 386,000 | 755,000 | 1,117,000 | 1,451,000 |
| Net interest income | 1,237,000 | 2,459,000 | 3,635,000 | 4,843,000 |
| Noninterest income | 157,000 | 324,000 | 490,000 | 732,000 |
| Noninterest expense | 1,011,000 | 2,293,000 | 3,362,000 | 4,392,000 |
| Provision for loan losses | 195,000 | 340,000 | 490,000 | 795,000 |
| Pretax income | 188,000 | 150,000 | 273,000 | 365,000 |
| Income tax | 3,000 | 5,000 | 8,000 | 6,000 |
| Net income | 185,000 | 145,000 | 265,000 | 359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,387,000 | 16,346,000 | 16,465,000 | 16,560,000 |
| Total capital | 17,691,000 | 17,633,000 | 17,754,000 | 17,796,000 |
| Risk-weighted assets | 103,529,000 | 102,773,000 | 102,297,000 | 99,362,000 |