Call reports 2014
FIRST BANK OF THE PALM BEACHES — 2014
What FIRST BANK OF THE PALM BEACHES 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 | 93,944,000 | 94,495,000 | 106,833,000 | 108,415,000 |
| Total loans | 64,771,000 | 63,250,000 | 66,424,000 | 70,949,000 |
| Allowance for loan losses | 1,059,000 | 1,066,000 | 695,000 | 888,000 |
| Securities available for sale | 3,161,000 | 3,252,000 | 2,803,000 | 2,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,956,000 | 80,303,000 | 92,111,000 | 93,063,000 |
| Interest-bearing deposits | 46,662,000 | 50,313,000 | 59,798,000 | 59,482,000 |
| Noninterest-bearing deposits | 33,294,000 | 29,990,000 | 32,313,000 | 33,580,000 |
| Equity capital | 8,826,000 | 10,979,000 | 12,494,000 | 12,142,000 |
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 | 813,000 | 1,607,000 | 2,407,000 | 3,285,000 |
| Interest expense | 88,000 | 176,000 | 259,000 | 352,000 |
| Net interest income | 725,000 | 1,431,000 | 2,148,000 | 2,933,000 |
| Noninterest income | 54,000 | 169,000 | 326,000 | 394,000 |
| Noninterest expense | 765,000 | 1,526,000 | 2,306,000 | 3,109,000 |
| Provision for loan losses | -85,000 | -85,000 | -85,000 | 329,000 |
| Pretax income | 8,000 | 68,000 | 97,000 | -309,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 8,000 | 68,000 | 97,000 | -309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,028,000 | 11,124,000 | 12,595,000 | 12,191,000 |
| Total capital | 9,857,000 | 11,935,000 | 13,290,000 | 13,072,000 |
| Risk-weighted assets | 68,262,000 | 67,372,000 | 72,774,000 | 70,446,000 |