Call reports 2010
PALMETTO BANK, THE — 2010
What PALMETTO BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,348,168,000 | 1,387,145,000 | 1,380,135,000 | 1,356,639,000 |
| Total loans | 1,011,368,000 | 969,142,000 | 919,844,000 | 864,376,000 |
| Allowance for loan losses | 28,426,000 | 28,383,000 | 29,339,000 | 26,934,000 |
| Securities available for sale | 115,893,000 | 112,316,000 | 129,571,000 | 218,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,149,487,000 | 1,192,777,000 | 1,201,723,000 | 1,177,438,000 |
| Interest-bearing deposits | 1,008,361,000 | 1,048,316,000 | 1,048,091,000 | 1,032,512,000 |
| Noninterest-bearing deposits | 141,126,000 | 144,461,000 | 153,632,000 | 144,926,000 |
| Equity capital | 71,221,000 | 62,812,000 | 50,267,000 | 112,402,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 14,879,000 | 29,330,000 | 43,185,000 | 56,627,000 |
| Interest expense | 4,091,000 | 7,786,000 | 11,665,000 | 15,346,000 |
| Net interest income | 10,788,000 | 21,544,000 | 31,520,000 | 41,281,000 |
| Noninterest income | 3,773,000 | 5,309,000 | 4,153,000 | -1,470,000 |
| Noninterest expense | 12,150,000 | 25,006,000 | 41,286,000 | 53,881,000 |
| Provision for loan losses | 10,750,000 | 23,500,000 | 36,600,000 | 46,648,000 |
| Pretax income | -8,331,000 | -21,644,000 | -42,204,000 | -60,708,000 |
| Income tax | -3,042,000 | -7,835,000 | -15,415,000 | -1,342,000 |
| Net income | -5,289,000 | -13,809,000 | -26,789,000 | -59,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,257,000 | 60,015,000 | 42,711,000 | 118,981,000 |
| Total capital | 86,718,000 | 72,931,000 | 54,939,000 | 130,632,000 |
| Risk-weighted assets | 1,061,722,000 | 1,017,751,000 | 961,009,000 | 916,737,000 |