Call reports 2010
FIRST BANK OF THE PALM BEACHES — 2010
What FIRST BANK OF THE PALM BEACHES 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 | 78,283,000 | 74,810,000 | 75,157,000 | 64,227,000 |
| Total loans | 66,257,000 | 63,902,000 | 62,423,000 | 59,244,000 |
| Allowance for loan losses | 2,254,000 | 3,184,000 | 3,184,000 | 2,366,000 |
| Securities available for sale | 3,882,000 | 0 | 0 | 1,008,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,945,000 | 68,539,000 | 68,814,000 | 57,621,000 |
| Interest-bearing deposits | 52,290,000 | 12,745,000 | 51,126,000 | 46,830,000 |
| Noninterest-bearing deposits | 9,655,000 | 55,793,000 | 17,688,000 | 10,791,000 |
| Equity capital | 8,173,000 | 6,025,000 | 6,111,000 | 6,339,000 |
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 | 1,007,000 | 1,974,000 | 2,909,000 | 3,719,000 |
| Interest expense | 214,000 | 401,000 | 570,000 | 718,000 |
| Net interest income | 793,000 | 1,573,000 | 2,339,000 | 3,001,000 |
| Noninterest income | 25,000 | 54,000 | 78,000 | 101,000 |
| Noninterest expense | 913,000 | 1,715,000 | 2,414,000 | 3,237,000 |
| Provision for loan losses | 44,000 | 2,173,000 | 2,173,000 | 2,656,000 |
| Pretax income | -139,000 | -2,150,000 | -2,059,000 | -2,680,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -139,000 | -2,150,000 | -2,059,000 | -2,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,032,000 | 6,025,000 | 6,111,000 | 6,370,000 |
| Total capital | 8,919,000 | 6,859,000 | 6,926,000 | 7,131,000 |
| Risk-weighted assets | 70,010,000 | 64,335,000 | 62,838,000 | 59,295,000 |