Call reports 2016
FIRST BANK OF THE PALM BEACHES — 2016
What FIRST BANK OF THE PALM BEACHES reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 136,109,000 | 132,805,000 | 147,976,000 | 126,727,000 |
| Total loans | 93,229,000 | 96,741,000 | 95,145,000 | 99,783,000 |
| Allowance for loan losses | 1,128,000 | 1,129,000 | 1,129,000 | 1,130,000 |
| Securities available for sale | 629,000 | 634,000 | 604,000 | 592,000 |
| Securities held to maturity | 1,743,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,277,000 | 105,664,000 | 120,741,000 | 109,428,000 |
| Interest-bearing deposits | 65,401,000 | 66,949,000 | 79,091,000 | 70,305,000 |
| Noninterest-bearing deposits | 43,876,000 | 38,715,000 | 41,650,000 | 39,123,000 |
| Equity capital | 14,182,000 | 14,337,000 | 14,457,000 | 14,573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,173,000 | 2,355,000 | 3,540,000 | 4,748,000 |
| Interest expense | 106,000 | 221,000 | 347,000 | 475,000 |
| Net interest income | 1,067,000 | 2,134,000 | 3,193,000 | 4,273,000 |
| Noninterest income | 55,000 | 116,000 | 222,000 | 280,000 |
| Noninterest expense | 886,000 | 1,849,000 | 2,838,000 | 3,807,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 221,000 | 430,000 | 606,000 | 775,000 |
| Income tax | 83,000 | 162,000 | 228,000 | 292,000 |
| Net income | 138,000 | 268,000 | 378,000 | 483,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,616,000 | 13,828,000 | 14,017,000 | 14,052,000 |
| Total capital | 14,744,000 | 14,957,000 | 15,146,000 | 15,177,000 |
| Risk-weighted assets | 95,228,000 | 94,208,000 | 96,132,000 | 89,879,000 |