Call reports 2011
FIRST BANK OF THE PALM BEACHES — 2011
What FIRST BANK OF THE PALM BEACHES 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 | 66,856,000 | 68,238,000 | 72,155,000 | 83,465,000 |
| Total loans | 54,253,000 | 53,374,000 | 53,893,000 | 57,955,000 |
| Allowance for loan losses | 2,406,000 | 2,359,000 | 1,716,000 | 1,765,000 |
| Securities available for sale | 3,311,000 | 2,360,000 | 2,305,000 | 2,291,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,343,000 | 55,439,000 | 55,375,000 | 67,721,000 |
| Interest-bearing deposits | 45,473,000 | 43,766,000 | 45,541,000 | 50,711,000 |
| Noninterest-bearing deposits | 11,870,000 | 11,673,000 | 9,834,000 | 17,010,000 |
| Equity capital | 7,296,000 | 7,645,000 | 7,623,000 | 7,642,000 |
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 | 884,000 | 1,724,000 | 2,528,000 | 3,347,000 |
| Interest expense | 117,000 | 220,000 | 325,000 | 437,000 |
| Net interest income | 767,000 | 1,504,000 | 2,203,000 | 2,910,000 |
| Noninterest income | 21,000 | 41,000 | 72,000 | 96,000 |
| Noninterest expense | 763,000 | 1,471,000 | 2,138,000 | 2,842,000 |
| Provision for loan losses | 8,000 | 80,000 | 135,000 | 160,000 |
| Pretax income | 17,000 | 36,000 | 40,000 | 42,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 17,000 | 36,000 | 40,000 | 42,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,318,000 | 7,664,000 | 7,619,000 | 7,625,000 |
| Total capital | 8,023,000 | 8,358,000 | 8,295,000 | 8,326,000 |
| Risk-weighted assets | 54,675,000 | 53,875,000 | 53,006,000 | 55,029,000 |