Call reports 2014
PALMETTO BANK, THE — 2014
What PALMETTO BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,099,577,000 | 1,091,715,000 | 1,097,717,000 | 1,119,011,000 |
| Total loans | 758,352,000 | 757,923,000 | 777,215,000 | 806,184,000 |
| Allowance for loan losses | 16,243,000 | 15,596,000 | 15,366,000 | 12,920,000 |
| Securities available for sale | 208,772,000 | 209,617,000 | 214,582,000 | 211,511,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 5,247,000 | 5,381,000 | 5,458,000 | 5,513,000 |
| Total deposits | 929,087,000 | 929,270,000 | 937,900,000 | 928,804,000 |
| Interest-bearing deposits | 737,078,000 | 729,425,000 | 724,208,000 | 732,479,000 |
| Noninterest-bearing deposits | 192,009,000 | 199,845,000 | 213,692,000 | 196,325,000 |
| Equity capital | 126,519,000 | 129,873,000 | 130,958,000 | 132,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 10,076,000 | 19,996,000 | 29,867,000 | 39,649,000 |
| Interest expense | 145,000 | 277,000 | 404,000 | 528,000 |
| Net interest income | 9,931,000 | 19,719,000 | 29,463,000 | 39,121,000 |
| Noninterest income | 3,398,000 | 6,654,000 | 9,564,000 | 13,246,000 |
| Noninterest expense | 10,186,000 | 19,994,000 | 29,829,000 | 39,688,000 |
| Provision for loan losses | 0 | 0 | -500,000 | -2,300,000 |
| Pretax income | 3,228,000 | 6,463,000 | 9,783,000 | 15,104,000 |
| Income tax | 1,182,000 | 2,350,000 | 3,325,000 | 5,256,000 |
| Net income | 2,046,000 | 4,113,000 | 6,458,000 | 9,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,952,000 | 127,255,000 | 129,583,000 | 132,298,000 |
| Total capital | 133,405,000 | 137,729,000 | 140,171,000 | 143,362,000 |
| Risk-weighted assets | 830,210,000 | 832,608,000 | 842,129,000 | 882,782,000 |