Call reports 2017
BANK OF THE LOWCOUNTRY — 2017
What BANK OF THE LOWCOUNTRY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 197,755,000 | 199,356,000 | 195,881,000 | 201,414,000 |
| Total loans | 87,431,000 | 84,590,000 | 91,638,000 | 99,242,000 |
| Allowance for loan losses | 1,526,000 | 1,392,000 | 1,324,000 | 1,308,000 |
| Securities available for sale | 50,743,000 | 52,702,000 | 66,048,000 | 64,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,513,000 | 178,180,000 | 174,406,000 | 175,164,000 |
| Interest-bearing deposits | 146,383,000 | 151,708,000 | 147,959,000 | 146,831,000 |
| Noninterest-bearing deposits | 31,130,000 | 26,472,000 | 26,447,000 | 28,333,000 |
| Equity capital | 20,025,000 | 20,878,000 | 21,134,000 | 21,039,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,497,000 | 3,083,000 | 4,713,000 | 6,417,000 |
| Interest expense | 153,000 | 314,000 | 472,000 | 638,000 |
| Net interest income | 1,344,000 | 2,769,000 | 4,241,000 | 5,779,000 |
| Noninterest income | 170,000 | 318,000 | 450,000 | 604,000 |
| Noninterest expense | 1,110,000 | 2,210,000 | 3,348,000 | 4,547,000 |
| Provision for loan losses | 5,000 | -25,000 | -85,000 | -100,000 |
| Pretax income | 399,000 | 902,000 | 1,398,000 | 1,893,000 |
| Income tax | 91,000 | 221,000 | 359,000 | 737,000 |
| Net income | 308,000 | 681,000 | 1,039,000 | 1,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,773,000 | 21,146,000 | 21,504,000 | 21,620,000 |
| Total capital | 22,114,000 | 22,521,000 | 22,828,000 | 22,928,000 |
| Risk-weighted assets | 107,076,000 | 109,986,000 | 129,691,000 | 112,505,000 |