Call reports 2010
PALM BEACH COMMUNITY BANK — 2010
What PALM BEACH COMMUNITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 140,717,000 | 153,750,000 | 149,930,000 | 152,850,000 |
| Total loans | 97,191,000 | 105,267,000 | 106,098,000 | 112,976,000 |
| Allowance for loan losses | 900,000 | 975,000 | 1,075,000 | 1,075,000 |
| Securities available for sale | 21,851,000 | 24,379,000 | 21,997,000 | 23,584,000 |
| Securities held to maturity | 5,908,000 | 5,350,000 | 5,655,000 | 5,002,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,337,000 | 118,562,000 | 120,241,000 | 117,540,000 |
| Interest-bearing deposits | 104,349,000 | 108,436,000 | 113,899,000 | 112,389,000 |
| Noninterest-bearing deposits | 4,987,000 | 10,126,000 | 6,342,000 | 5,151,000 |
| Equity capital | 22,665,000 | 23,368,000 | 23,960,000 | 24,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,824,000 | 3,724,000 | 5,675,000 | 7,627,000 |
| Interest expense | 482,000 | 942,000 | 1,384,000 | 1,791,000 |
| Net interest income | 1,342,000 | 2,782,000 | 4,291,000 | 5,836,000 |
| Noninterest income | 15,000 | 26,000 | 36,000 | 50,000 |
| Noninterest expense | 878,000 | 1,813,000 | 2,752,000 | 3,692,000 |
| Provision for loan losses | 40,000 | 115,000 | 115,000 | 115,000 |
| Pretax income | 439,000 | 880,000 | 1,457,000 | 2,076,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 439,000 | 880,000 | 1,457,000 | 2,076,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,255,000 | 22,739,000 | 23,316,000 | 23,935,000 |
| Total capital | 23,136,000 | 23,689,000 | 24,285,000 | 24,985,000 |
| Risk-weighted assets | 70,507,000 | 75,669,000 | 80,797,000 | 83,989,000 |