Call reports 2009
PALMETTO BANK, THE — 2009
What PALMETTO BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 1,403,761,000 | 1,466,729,000 | 1,425,592,000 | 1,436,855,000 |
| Total loans | 1,167,925,000 | 1,138,832,000 | 1,082,313,000 | 1,044,196,000 |
| Allowance for loan losses | 12,606,000 | 21,965,000 | 22,548,000 | 24,079,000 |
| Securities available for sale | 117,960,000 | 113,347,000 | 121,027,000 | 119,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,193,168,000 | 1,255,594,000 | 1,229,858,000 | 1,237,117,000 |
| Interest-bearing deposits | 1,060,692,000 | 1,117,823,000 | 1,096,997,000 | 1,091,955,000 |
| Noninterest-bearing deposits | 132,476,000 | 137,771,000 | 132,861,000 | 145,162,000 |
| Equity capital | 116,657,000 | 99,198,000 | 87,366,000 | 74,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 17,587,000 | 33,457,000 | 50,502,000 | 66,211,000 |
| Interest expense | 5,188,000 | 10,810,000 | 16,340,000 | 21,439,000 |
| Net interest income | 12,399,000 | 22,647,000 | 34,162,000 | 44,772,000 |
| Noninterest income | 3,835,000 | 8,437,000 | 11,019,000 | 13,934,000 |
| Noninterest expense | 10,935,000 | 23,518,000 | 35,504,000 | 47,405,000 |
| Provision for loan losses | 2,175,000 | 32,175,000 | 56,175,000 | 73,400,000 |
| Pretax income | 3,126,000 | -24,607,000 | -46,496,000 | -62,097,000 |
| Income tax | 1,131,000 | -8,790,000 | -16,553,000 | -22,074,000 |
| Net income | 1,995,000 | -15,817,000 | -29,943,000 | -40,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 119,605,000 | 102,776,000 | 87,146,000 | 78,745,000 |
| Total capital | 132,211,000 | 118,096,000 | 101,809,000 | 93,013,000 |
| Risk-weighted assets | 1,231,152,000 | 1,218,979,000 | 1,165,011,000 | 1,131,472,000 |