Call reports 2003
PALMETTO BANK, THE — 2003
What PALMETTO BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 852,191,000 | 859,673,000 | 882,412,000 | 897,703,000 |
| Total loans | 657,721,000 | 679,590,000 | 679,213,000 | 699,612,000 |
| Allowance for loan losses | 6,771,000 | 7,022,000 | 7,241,000 | 7,463,000 |
| Securities available for sale | 113,138,000 | 115,380,000 | 110,506,000 | 128,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 763,410,000 | 766,321,000 | 793,149,000 | 790,716,000 |
| Interest-bearing deposits | 638,787,000 | 643,988,000 | 670,825,000 | 672,235,000 |
| Noninterest-bearing deposits | 124,623,000 | 122,333,000 | 122,324,000 | 118,481,000 |
| Equity capital | 68,251,000 | 70,359,000 | 69,611,000 | 71,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 11,786,000 | 23,477,000 | 34,865,000 | 46,522,000 |
| Interest expense | 2,831,000 | 5,556,000 | 8,233,000 | 10,923,000 |
| Net interest income | 8,955,000 | 17,921,000 | 26,632,000 | 35,599,000 |
| Noninterest income | 3,378,000 | 6,982,000 | 10,772,000 | 15,055,000 |
| Noninterest expense | 7,228,000 | 15,086,000 | 22,676,000 | 31,520,000 |
| Provision for loan losses | 900,000 | 1,800,000 | 2,700,000 | 3,600,000 |
| Pretax income | 4,300,000 | 8,298,000 | 12,390,000 | 15,900,000 |
| Income tax | 1,398,000 | 2,686,000 | 3,921,000 | 5,005,000 |
| Net income | 2,902,000 | 5,612,000 | 8,469,000 | 10,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,790,000 | 64,784,000 | 65,024,000 | 66,475,000 |
| Total capital | 69,561,000 | 71,806,000 | 72,265,000 | 73,938,000 |
| Risk-weighted assets | 668,779,000 | 690,475,000 | 698,525,000 | 725,142,000 |