Call reports 2013
FIRST BANK OF THE PALM BEACHES — 2013
What FIRST BANK OF THE PALM BEACHES 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 | 81,206,000 | 89,202,000 | 84,086,000 | 87,545,000 |
| Total loans | 54,335,000 | 53,051,000 | 61,053,000 | 65,431,000 |
| Allowance for loan losses | 1,019,000 | 1,032,000 | 1,032,000 | 984,000 |
| Securities available for sale | 7,520,000 | 6,009,000 | 3,561,000 | 3,469,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,506,000 | 77,934,000 | 74,050,000 | 70,392,000 |
| Interest-bearing deposits | 55,145,000 | 57,106,000 | 53,956,000 | 49,295,000 |
| Noninterest-bearing deposits | 14,361,000 | 20,828,000 | 20,094,000 | 21,096,000 |
| Equity capital | 7,544,000 | 7,060,000 | 6,817,000 | 7,990,000 |
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 | 775,000 | 1,541,000 | 2,329,000 | 3,140,000 |
| Interest expense | 115,000 | 230,000 | 334,000 | 432,000 |
| Net interest income | 660,000 | 1,311,000 | 1,995,000 | 2,708,000 |
| Noninterest income | 98,000 | 165,000 | 200,000 | 253,000 |
| Noninterest expense | 727,000 | 1,464,000 | 2,198,000 | 2,965,000 |
| Provision for loan losses | 21,000 | 21,000 | -153,000 | -161,000 |
| Pretax income | 8,000 | 51,000 | -120,000 | -113,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 8,000 | 51,000 | -120,000 | -113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,468,000 | 7,464,000 | 7,350,000 | 8,380,000 |
| Total capital | 8,209,000 | 8,182,000 | 8,115,000 | 9,205,000 |
| Risk-weighted assets | 58,776,000 | 57,159,000 | 60,975,000 | 65,883,000 |