Call reports 2002
PALMETTO BANK, THE — 2002
What PALMETTO BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 763,976,000 | 764,587,000 | 808,956,000 | 824,801,000 |
| Total loans | 569,023,000 | 574,429,000 | 608,341,000 | 637,393,000 |
| Allowance for loan losses | 5,744,000 | 5,867,000 | 6,252,000 | 6,402,000 |
| Securities available for sale | 104,873,000 | 102,101,000 | 97,074,000 | 115,108,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 683,671,000 | 680,098,000 | 720,948,000 | 740,210,000 |
| Interest-bearing deposits | 578,957,000 | 574,977,000 | 606,893,000 | 622,638,000 |
| Noninterest-bearing deposits | 104,714,000 | 105,121,000 | 114,055,000 | 117,572,000 |
| Equity capital | 59,464,000 | 62,363,000 | 64,822,000 | 66,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 11,690,000 | 23,204,000 | 34,878,000 | 46,411,000 |
| Interest expense | 3,342,000 | 6,414,000 | 9,406,000 | 12,534,000 |
| Net interest income | 8,348,000 | 16,790,000 | 25,472,000 | 33,877,000 |
| Noninterest income | 3,188,000 | 6,692,000 | 10,023,000 | 13,685,000 |
| Noninterest expense | 7,117,000 | 14,452,000 | 21,851,000 | 29,558,000 |
| Provision for loan losses | 900,000 | 1,900,000 | 3,100,000 | 4,288,000 |
| Pretax income | 3,659,000 | 7,365,000 | 10,893,000 | 14,065,000 |
| Income tax | 1,189,000 | 2,394,000 | 3,578,000 | 4,611,000 |
| Net income | 2,470,000 | 4,971,000 | 7,315,000 | 9,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,603,000 | 57,493,000 | 59,235,000 | 60,614,000 |
| Total capital | 61,347,000 | 63,360,000 | 65,487,000 | 67,016,000 |
| Risk-weighted assets | 572,233,000 | 578,587,000 | 615,606,000 | 642,674,000 |