Call reports 2015
BANK OF THE LOWCOUNTRY — 2015
What BANK OF THE LOWCOUNTRY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 175,418,000 | 171,669,000 | 193,643,000 | 187,915,000 |
| Total loans | 85,602,000 | 90,145,000 | 89,933,000 | 89,396,000 |
| Allowance for loan losses | 1,746,000 | 1,758,000 | 1,555,000 | 1,596,000 |
| Securities available for sale | 37,990,000 | 40,500,000 | 39,974,000 | 39,784,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,647,000 | 151,926,000 | 173,287,000 | 167,490,000 |
| Interest-bearing deposits | 131,647,000 | 130,541,000 | 147,192,000 | 145,060,000 |
| Noninterest-bearing deposits | 24,000,000 | 21,385,000 | 26,095,000 | 22,430,000 |
| Equity capital | 19,413,000 | 19,427,000 | 19,906,000 | 20,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,349,000 | 2,819,000 | 4,296,000 | 5,758,000 |
| Interest expense | 156,000 | 317,000 | 476,000 | 642,000 |
| Net interest income | 1,193,000 | 2,502,000 | 3,820,000 | 5,116,000 |
| Noninterest income | 195,000 | 348,000 | 507,000 | 775,000 |
| Noninterest expense | 1,089,000 | 2,166,000 | 3,255,000 | 4,426,000 |
| Provision for loan losses | 0 | 24,000 | 56,000 | 72,000 |
| Pretax income | 299,000 | 660,000 | 1,016,000 | 1,393,000 |
| Income tax | 77,000 | 175,000 | 270,000 | 370,000 |
| Net income | 222,000 | 485,000 | 746,000 | 1,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,987,000 | 19,251,000 | 19,784,000 | 20,060,000 |
| Total capital | 20,208,000 | 20,516,000 | 21,019,000 | 21,289,000 |
| Risk-weighted assets | 96,917,000 | 100,413,000 | 98,485,000 | 97,979,000 |