Call reports 2014
PALM BEACH COMMUNITY BANK — 2014
What PALM BEACH COMMUNITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 235,552,000 | 250,594,000 | 263,651,000 | 268,532,000 |
| Total loans | 184,018,000 | 187,581,000 | 195,780,000 | 204,707,000 |
| Allowance for loan losses | 2,085,000 | 1,950,000 | 1,950,000 | 1,871,000 |
| Securities available for sale | 21,082,000 | 20,532,000 | 24,365,000 | 24,157,000 |
| Securities held to maturity | 10,102,000 | 14,473,000 | 14,275,000 | 13,454,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,182,000 | 210,250,000 | 221,657,000 | 212,833,000 |
| Interest-bearing deposits | 173,118,000 | 181,907,000 | 190,845,000 | 189,507,000 |
| Noninterest-bearing deposits | 25,064,000 | 28,343,000 | 30,813,000 | 23,327,000 |
| Equity capital | 31,124,000 | 30,521,000 | 31,631,000 | 32,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,635,000 | 5,453,000 | 8,506,000 | 11,465,000 |
| Interest expense | 288,000 | 594,000 | 942,000 | 1,313,000 |
| Net interest income | 2,347,000 | 4,859,000 | 7,564,000 | 10,152,000 |
| Noninterest income | 95,000 | 182,000 | 310,000 | 403,000 |
| Noninterest expense | 1,654,000 | 3,510,000 | 5,250,000 | 7,018,000 |
| Provision for loan losses | 0 | -68,000 | -68,000 | -88,000 |
| Pretax income | 788,000 | 1,599,000 | 2,692,000 | 3,663,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 788,000 | 1,599,000 | 2,692,000 | 3,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,853,000 | 30,212,000 | 31,305,000 | 32,276,000 |
| Total capital | 32,937,000 | 32,162,000 | 33,255,000 | 34,147,000 |
| Risk-weighted assets | 166,865,000 | 181,100,000 | 187,202,000 | 197,385,000 |