Call reports 2004
PALMETTO BANK, THE — 2004
What PALMETTO BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 893,235,000 | 941,084,000 | 965,581,000 | 995,383,000 |
| Total loans | 713,352,000 | 723,076,000 | 750,570,000 | 779,108,000 |
| Allowance for loan losses | 7,692,000 | 7,983,000 | 8,170,000 | 7,619,000 |
| Securities available for sale | 106,373,000 | 152,209,000 | 148,611,000 | 143,733,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 797,412,000 | 801,750,000 | 801,349,000 | 847,554,000 |
| Interest-bearing deposits | 673,128,000 | 677,750,000 | 676,142,000 | 720,265,000 |
| Noninterest-bearing deposits | 124,284,000 | 124,000,000 | 125,207,000 | 127,289,000 |
| Equity capital | 73,765,000 | 73,643,000 | 77,812,000 | 79,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 12,261,000 | 24,540,000 | 37,478,000 | 51,028,000 |
| Interest expense | 2,521,000 | 5,046,000 | 7,939,000 | 11,177,000 |
| Net interest income | 9,740,000 | 19,494,000 | 29,539,000 | 39,851,000 |
| Noninterest income | 3,623,000 | 7,573,000 | 11,384,000 | 15,078,000 |
| Noninterest expense | 8,286,000 | 17,108,000 | 25,666,000 | 35,188,000 |
| Provision for loan losses | 750,000 | 1,500,000 | 2,150,000 | 2,150,000 |
| Pretax income | 4,435,000 | 8,567,000 | 13,197,000 | 17,681,000 |
| Income tax | 1,435,000 | 2,741,000 | 4,223,000 | 5,569,000 |
| Net income | 3,000,000 | 5,826,000 | 8,974,000 | 12,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,651,000 | 70,642,000 | 72,953,000 | 75,120,000 |
| Total capital | 76,343,000 | 78,625,000 | 81,123,000 | 82,739,000 |
| Risk-weighted assets | 738,278,000 | 751,489,000 | 776,363,000 | 805,422,000 |