Call reports 2002
PALM BEACH NATIONAL BANK & TRUST COMPANY — 2002
What PALM BEACH NATIONAL BANK & TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Total assets | 344,466,000 | 356,028,000 | 360,467,000 |
| Total loans | 286,035,000 | 285,787,000 | 282,388,000 |
| Allowance for loan losses | 3,499,000 | 3,446,000 | 4,345,000 |
| Securities available for sale | 12,324,000 | 17,161,000 | 9,770,000 |
| Securities held to maturity | 550,000 | 550,000 | 550,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 304,989,000 | 315,559,000 | 322,044,000 |
| Interest-bearing deposits | 213,633,000 | 229,499,000 | 239,401,000 |
| Noninterest-bearing deposits | 91,356,000 | 86,060,000 | 82,643,000 |
| Equity capital | 33,613,000 | 34,931,000 | 33,096,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Interest income | 5,107,000 | 10,394,000 | 15,470,000 |
| Interest expense | 1,254,000 | 2,488,000 | 3,797,000 |
| Net interest income | 3,853,000 | 7,906,000 | 11,673,000 |
| Noninterest income | 1,057,000 | 2,410,000 | 3,611,000 |
| Noninterest expense | 3,571,000 | 7,331,000 | 12,833,000 |
| Provision for loan losses | 137,000 | -162,000 | 845,000 |
| Pretax income | 1,209,000 | 3,155,000 | 1,573,000 |
| Income tax | 458,000 | 1,194,000 | 1,347,000 |
| Net income | 751,000 | 1,961,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 |
|---|---|---|---|
| Tier 1 capital | 33,645,000 | 34,810,000 | 33,018,000 |
| Total capital | 37,144,000 | 38,256,000 | 36,617,000 |
| Risk-weighted assets | 292,109,000 | 293,017,000 | 287,149,000 |