Call reports 2011
PALMETTO BANK, THE — 2011
What PALMETTO BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,334,384,000 | 1,271,674,000 | 1,249,995,000 | 1,204,489,000 |
| Total loans | 824,852,000 | 821,196,000 | 817,691,000 | 791,384,000 |
| Allowance for loan losses | 26,954,000 | 26,981,000 | 26,900,000 | 25,596,000 |
| Securities available for sale | 274,103,000 | 280,816,000 | 277,605,000 | 260,992,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,181,663,000 | 1,129,317,000 | 1,110,941,000 | 1,066,906,000 |
| Interest-bearing deposits | 1,021,669,000 | 974,853,000 | 944,876,000 | 909,078,000 |
| Noninterest-bearing deposits | 159,994,000 | 154,464,000 | 166,065,000 | 157,828,000 |
| Equity capital | 114,241,000 | 107,368,000 | 104,438,000 | 102,602,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 12,993,000 | 26,531,000 | 40,113,000 | 51,818,000 |
| Interest expense | 2,736,000 | 5,291,000 | 7,558,000 | 9,426,000 |
| Net interest income | 10,257,000 | 21,240,000 | 32,555,000 | 42,392,000 |
| Noninterest income | 2,144,000 | 1,227,000 | 635,000 | 1,966,000 |
| Noninterest expense | 12,917,000 | 26,292,000 | 38,174,000 | 49,844,000 |
| Provision for loan losses | 5,500,000 | 12,900,000 | 18,500,000 | 20,500,000 |
| Pretax income | -6,016,000 | -16,669,000 | -23,428,000 | -25,830,000 |
| Income tax | 40,000 | -1,151,000 | -2,506,000 | -2,676,000 |
| Net income | -6,056,000 | -15,518,000 | -20,922,000 | -23,154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,907,000 | 112,087,000 | 106,941,000 | 104,972,000 |
| Total capital | 132,274,000 | 123,309,000 | 118,143,000 | 115,985,000 |
| Risk-weighted assets | 893,609,000 | 881,709,000 | 880,151,000 | 866,065,000 |