Call reports 2007
PALMETTO BANK, THE — 2007
What PALMETTO BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 1,173,408,000 | 1,179,524,000 | 1,188,967,000 | 1,247,583,000 |
| Total loans | 958,432,000 | 987,822,000 | 1,007,307,000 | 1,049,776,000 |
| Allowance for loan losses | 8,460,000 | 8,515,000 | 8,280,000 | 7,418,000 |
| Securities available for sale | 107,072,000 | 104,708,000 | 96,287,000 | 95,715,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,043,470,000 | 1,031,223,000 | 1,029,697,000 | 1,088,999,000 |
| Interest-bearing deposits | 905,630,000 | 892,520,000 | 890,506,000 | 951,442,000 |
| Noninterest-bearing deposits | 137,840,000 | 138,703,000 | 139,191,000 | 137,557,000 |
| Equity capital | 102,454,000 | 104,571,000 | 107,963,000 | 109,389,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 20,198,000 | 40,894,000 | 62,189,000 | 83,637,000 |
| Interest expense | 7,735,000 | 15,722,000 | 24,262,000 | 32,758,000 |
| Net interest income | 12,463,000 | 25,172,000 | 37,927,000 | 50,879,000 |
| Noninterest income | 3,824,000 | 7,679,000 | 11,942,000 | 16,173,000 |
| Noninterest expense | 10,125,000 | 19,920,000 | 30,954,000 | 41,553,000 |
| Provision for loan losses | 367,000 | 800,000 | 1,200,000 | 988,000 |
| Pretax income | 5,795,000 | 12,131,000 | 17,715,000 | 24,511,000 |
| Income tax | 2,025,000 | 4,246,000 | 5,926,000 | 8,416,000 |
| Net income | 3,770,000 | 7,885,000 | 11,789,000 | 16,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,737,000 | 102,689,000 | 105,403,000 | 108,768,000 |
| Total capital | 108,197,000 | 111,204,000 | 113,683,000 | 116,186,000 |
| Risk-weighted assets | 1,058,130,000 | 1,069,753,000 | 1,096,709,000 | 1,133,367,000 |