Call reports 2008
PALMETTO BANK, THE — 2008
What PALMETTO BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,295,547,000 | 1,341,869,000 | 1,398,622,000 | 1,369,623,000 |
| Total loans | 1,083,096,000 | 1,118,323,000 | 1,134,556,000 | 1,165,895,000 |
| Allowance for loan losses | 7,488,000 | 7,645,000 | 7,823,000 | 11,000,000 |
| Securities available for sale | 127,150,000 | 133,199,000 | 130,321,000 | 125,596,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,087,732,000 | 1,086,487,000 | 1,097,048,000 | 1,101,365,000 |
| Interest-bearing deposits | 950,240,000 | 938,784,000 | 960,011,000 | 965,942,000 |
| Noninterest-bearing deposits | 137,492,000 | 147,703,000 | 137,037,000 | 135,423,000 |
| Equity capital | 111,824,000 | 113,511,000 | 117,237,000 | 115,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 20,240,000 | 40,290,000 | 60,006,000 | 78,340,000 |
| Interest expense | 7,691,000 | 14,119,000 | 20,625,000 | 26,605,000 |
| Net interest income | 12,549,000 | 26,171,000 | 39,381,000 | 51,735,000 |
| Noninterest income | 4,613,000 | 9,067,000 | 13,249,000 | 17,587,000 |
| Noninterest expense | 11,086,000 | 21,791,000 | 32,211,000 | 42,608,000 |
| Provision for loan losses | 488,000 | 1,175,000 | 1,862,000 | 5,619,000 |
| Pretax income | 5,588,000 | 12,273,000 | 18,558,000 | 21,096,000 |
| Income tax | 1,969,000 | 4,309,000 | 6,531,000 | 7,496,000 |
| Net income | 3,619,000 | 7,964,000 | 12,027,000 | 13,600,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 111,119,000 | 114,200,000 | 117,017,000 | 117,872,000 |
| Total capital | 118,607,000 | 121,845,000 | 124,840,000 | 128,872,000 |
| Risk-weighted assets | 1,166,867,000 | 1,197,996,000 | 1,217,263,000 | 1,234,371,000 |