Call reports 2006
PALMETTO BANK, THE — 2006
What PALMETTO BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 1,104,840,000 | 1,116,104,000 | 1,131,861,000 | 1,153,915,000 |
| Total loans | 863,804,000 | 892,364,000 | 931,539,000 | 947,589,000 |
| Allowance for loan losses | 8,727,000 | 8,879,000 | 8,724,000 | 8,527,000 |
| Securities available for sale | 124,920,000 | 115,439,000 | 119,538,000 | 116,567,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 968,879,000 | 990,773,000 | 1,003,597,000 | 1,016,377,000 |
| Interest-bearing deposits | 830,318,000 | 855,320,000 | 857,749,000 | 881,579,000 |
| Noninterest-bearing deposits | 138,561,000 | 135,453,000 | 145,848,000 | 134,798,000 |
| Equity capital | 89,674,000 | 91,704,000 | 95,263,000 | 99,554,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 17,947,000 | 36,716,000 | 56,293,000 | 76,445,000 |
| Interest expense | 5,853,000 | 12,455,000 | 19,696,000 | 27,297,000 |
| Net interest income | 12,094,000 | 24,261,000 | 36,597,000 | 49,148,000 |
| Noninterest income | 3,968,000 | 8,042,000 | 12,164,000 | 17,182,000 |
| Noninterest expense | 10,121,000 | 20,248,000 | 30,547,000 | 41,526,000 |
| Provision for loan losses | 525,000 | 1,050,000 | 1,325,000 | 1,625,000 |
| Pretax income | 5,419,000 | 11,008,000 | 16,892,000 | 23,213,000 |
| Income tax | 1,757,000 | 3,560,000 | 5,598,000 | 7,962,000 |
| Net income | 3,662,000 | 7,448,000 | 11,294,000 | 15,251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,371,000 | 90,023,000 | 92,744,000 | 96,870,000 |
| Total capital | 96,098,000 | 98,902,000 | 101,468,000 | 105,397,000 |
| Risk-weighted assets | 943,093,000 | 968,211,000 | 1,014,218,000 | 1,035,297,000 |