Call reports 2011
PINNACLE BANK OF SOUTH CAROLINA — 2011
What PINNACLE BANK OF SOUTH CAROLINA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 127,580,000 | 122,523,000 | 136,033,000 | 135,651,000 |
| Total loans | 92,220,000 | 94,644,000 | 98,780,000 | 100,962,000 |
| Allowance for loan losses | 1,704,000 | 1,653,000 | 1,661,000 | 1,814,000 |
| Securities available for sale | 17,667,000 | 16,134,000 | 15,513,000 | 19,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,548,000 | 96,465,000 | 107,680,000 | 105,599,000 |
| Interest-bearing deposits | 89,836,000 | 87,107,000 | 95,521,000 | 93,757,000 |
| Noninterest-bearing deposits | 9,712,000 | 9,358,000 | 12,159,000 | 11,842,000 |
| Equity capital | 16,527,000 | 16,793,000 | 16,810,000 | 17,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,505,000 | 2,988,000 | 4,524,000 | 6,058,000 |
| Interest expense | 287,000 | 536,000 | 747,000 | 940,000 |
| Net interest income | 1,218,000 | 2,452,000 | 3,777,000 | 5,118,000 |
| Noninterest income | 121,000 | 315,000 | 374,000 | 635,000 |
| Noninterest expense | 1,055,000 | 2,189,000 | 3,254,000 | 4,308,000 |
| Provision for loan losses | 305,000 | 480,000 | 695,000 | 910,000 |
| Pretax income | -22,000 | 131,000 | 235,000 | 518,000 |
| Income tax | 1,000 | 2,000 | 5,000 | 4,000 |
| Net income | -23,000 | 129,000 | 230,000 | 514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,537,000 | 16,689,000 | 16,790,000 | 17,073,000 |
| Total capital | 17,795,000 | 17,951,000 | 18,100,000 | 18,410,000 |
| Risk-weighted assets | 100,151,000 | 100,642,000 | 104,479,000 | 106,406,000 |