Call reports 2017
FIRST BANK OF THE PALM BEACHES — 2017
What FIRST BANK OF THE PALM BEACHES reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 153,652,000 | 137,934,000 | 137,846,000 | 140,704,000 |
| Total loans | 109,425,000 | 110,901,000 | 113,079,000 | 121,778,000 |
| Allowance for loan losses | 1,131,000 | 1,131,000 | 827,000 | 970,000 |
| Securities available for sale | 566,000 | 567,000 | 545,000 | 547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,699,000 | 120,671,000 | 120,801,000 | 114,802,000 |
| Interest-bearing deposits | 75,957,000 | 77,646,000 | 73,637,000 | 72,221,000 |
| Noninterest-bearing deposits | 40,742,000 | 43,025,000 | 47,164,000 | 42,581,000 |
| Equity capital | 14,734,000 | 14,928,000 | 14,734,000 | 14,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,316,000 | 2,642,000 | 3,995,000 | 5,436,000 |
| Interest expense | 142,000 | 298,000 | 452,000 | 609,000 |
| Net interest income | 1,174,000 | 2,344,000 | 3,543,000 | 4,827,000 |
| Noninterest income | 63,000 | 180,000 | 317,000 | 425,000 |
| Noninterest expense | 1,001,000 | 1,990,000 | 2,964,000 | 4,026,000 |
| Provision for loan losses | 0 | 0 | 688,000 | 819,000 |
| Pretax income | 236,000 | 534,000 | 208,000 | 407,000 |
| Income tax | 89,000 | 201,000 | 78,000 | 426,000 |
| Net income | 147,000 | 333,000 | 130,000 | -19,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,403,000 | 14,713,000 | 14,396,000 | 14,356,000 |
| Total capital | 15,534,000 | 15,844,000 | 15,223,000 | 15,326,000 |
| Risk-weighted assets | 106,404,000 | 103,759,000 | 105,179,000 | 108,603,000 |