Call reports 2013
BANK OF THE LOWCOUNTRY — 2013
What BANK OF THE LOWCOUNTRY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 159,566,000 | 154,663,000 | 155,052,000 | 156,049,000 |
| Total loans | 87,989,000 | 88,039,000 | 87,405,000 | 86,189,000 |
| Allowance for loan losses | 1,979,000 | 1,757,000 | 1,877,000 | 2,075,000 |
| Securities available for sale | 22,078,000 | 20,904,000 | 23,079,000 | 22,735,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,694,000 | 136,247,000 | 136,347,000 | 137,394,000 |
| Interest-bearing deposits | 124,024,000 | 119,500,000 | 118,587,000 | 120,897,000 |
| Noninterest-bearing deposits | 16,670,000 | 16,747,000 | 17,760,000 | 16,497,000 |
| Equity capital | 18,432,000 | 17,980,000 | 18,219,000 | 18,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,409,000 | 2,828,000 | 4,221,000 | 5,724,000 |
| Interest expense | 193,000 | 374,000 | 545,000 | 707,000 |
| Net interest income | 1,216,000 | 2,454,000 | 3,676,000 | 5,017,000 |
| Noninterest income | 208,000 | 345,000 | 547,000 | 797,000 |
| Noninterest expense | 1,101,000 | 2,099,000 | 3,083,000 | 4,229,000 |
| Provision for loan losses | 180,000 | 360,000 | 540,000 | 720,000 |
| Pretax income | 143,000 | 340,000 | 600,000 | 865,000 |
| Income tax | 24,000 | 74,000 | 136,000 | 205,000 |
| Net income | 119,000 | 266,000 | 464,000 | 660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,152,000 | 18,300,000 | 18,497,000 | 18,694,000 |
| Total capital | 19,352,000 | 19,495,000 | 19,683,000 | 19,912,000 |
| Risk-weighted assets | 95,803,000 | 95,074,000 | 94,016,000 | 96,606,000 |