Call reports 2013
PALMETTO BANK, THE — 2013
What PALMETTO BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,099,634,000 | 1,085,564,000 | 1,100,094,000 | 1,090,431,000 |
| Total loans | 738,596,000 | 744,289,000 | 758,679,000 | 769,235,000 |
| Allowance for loan losses | 17,470,000 | 17,218,000 | 16,706,000 | 16,485,000 |
| Securities available for sale | 265,798,000 | 246,501,000 | 227,079,000 | 214,383,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 5,027,000 | 5,118,000 |
| Total deposits | 973,269,000 | 959,885,000 | 945,916,000 | 907,864,000 |
| Interest-bearing deposits | 792,240,000 | 770,956,000 | 758,160,000 | 729,831,000 |
| Noninterest-bearing deposits | 181,029,000 | 188,929,000 | 187,756,000 | 178,033,000 |
| Equity capital | 99,730,000 | 99,120,000 | 120,534,000 | 123,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 10,863,000 | 21,592,000 | 32,115,000 | 42,538,000 |
| Interest expense | 901,000 | 1,407,000 | 1,886,000 | 2,279,000 |
| Net interest income | 9,962,000 | 20,185,000 | 30,229,000 | 40,259,000 |
| Noninterest income | 3,647,000 | 5,966,000 | 9,491,000 | 13,075,000 |
| Noninterest expense | 10,244,000 | 20,483,000 | 30,499,000 | 40,721,000 |
| Provision for loan losses | 350,000 | 1,020,000 | 1,665,000 | 3,465,000 |
| Pretax income | 3,015,000 | 4,979,000 | 7,843,000 | 9,458,000 |
| Income tax | 813,000 | 1,195,000 | -17,882,000 | -18,051,000 |
| Net income | 2,202,000 | 3,784,000 | 25,725,000 | 27,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,520,000 | 109,409,000 | 116,591,000 | 119,388,000 |
| Total capital | 117,598,000 | 119,509,000 | 126,905,000 | 129,956,000 |
| Risk-weighted assets | 798,251,000 | 800,562,000 | 818,531,000 | 839,281,000 |