Call reports 2018
FIRST BANK OF THE PALM BEACHES — 2018
What FIRST BANK OF THE PALM BEACHES reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 162,161,000 | 165,807,000 | 174,032,000 | 181,665,000 |
| Total loans | 120,453,000 | 135,476,000 | 140,085,000 | 151,104,000 |
| Allowance for loan losses | 971,000 | 973,000 | 1,018,000 | 1,068,000 |
| Securities available for sale | 521,000 | 522,000 | 494,000 | 498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,972,000 | 144,336,000 | 157,250,000 | 155,739,000 |
| Interest-bearing deposits | 88,246,000 | 96,511,000 | 109,492,000 | 102,041,000 |
| Noninterest-bearing deposits | 47,726,000 | 47,825,000 | 47,758,000 | 53,698,000 |
| Equity capital | 14,791,000 | 15,036,000 | 15,292,000 | 15,525,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,529,000 | 3,132,000 | 4,920,000 | 6,781,000 |
| Interest expense | 212,000 | 444,000 | 686,000 | 970,000 |
| Net interest income | 1,317,000 | 2,688,000 | 4,234,000 | 5,811,000 |
| Noninterest income | 76,000 | 261,000 | 388,000 | 439,000 |
| Noninterest expense | 1,138,000 | 2,380,000 | 3,768,000 | 5,104,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 45,000 |
| Pretax income | 255,000 | 569,000 | 809,000 | 1,101,000 |
| Income tax | 65,000 | 144,000 | 205,000 | 279,000 |
| Net income | 190,000 | 425,000 | 604,000 | 822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,617,000 | 14,939,000 | 15,257,000 | 15,453,000 |
| Total capital | 15,588,000 | 15,912,000 | 16,275,000 | 16,521,000 |
| Risk-weighted assets | 111,808,000 | 122,781,000 | 128,030,000 | 136,948,000 |