Call reports 2006
FIRST BANK OF THE PALM BEACHES — 2006
What FIRST BANK OF THE PALM BEACHES reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 16,110,000 | 39,102,000 | 39,354,000 | 39,419,000 |
| Total loans | 0 | 1,397,000 | 5,710,000 | 13,621,000 |
| Allowance for loan losses | 0 | 21,000 | 66,000 | 157,000 |
| Securities available for sale | 0 | 3,777,000 | 3,736,000 | 3,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,870,000 | 26,173,000 | 26,442,000 | 26,797,000 |
| Interest-bearing deposits | 2,715,000 | 25,219,000 | 24,390,000 | 25,705,000 |
| Noninterest-bearing deposits | 155,000 | 954,000 | 2,052,000 | 1,092,000 |
| Equity capital | 13,159,000 | 12,830,000 | 12,788,000 | 12,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 192,000 | 642,000 | 1,204,000 | 1,781,000 |
| Interest expense | 5,000 | 227,000 | 464,000 | 692,000 |
| Net interest income | 187,000 | 415,000 | 740,000 | 1,089,000 |
| Noninterest income | 0 | 2,000 | 3,000 | -3,000 |
| Noninterest expense | 1,028,000 | 1,491,000 | 1,910,000 | 2,541,000 |
| Provision for loan losses | 0 | 21,000 | 66,000 | 157,000 |
| Pretax income | -841,000 | -1,095,000 | -1,233,000 | -1,612,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -841,000 | -1,095,000 | -1,233,000 | -1,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,159,000 | 12,905,000 | 12,767,000 | 12,497,000 |
| Total capital | 13,159,000 | 12,926,000 | 12,833,000 | 12,654,000 |
| Risk-weighted assets | 3,635,000 | 10,716,000 | 13,802,000 | 20,640,000 |