Call reports 2018
BANK OF THE LOWCOUNTRY — 2018
What BANK OF THE LOWCOUNTRY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 205,452,000 | 210,880,000 | 208,725,000 | 216,137,000 |
| Total loans | 104,782,000 | 109,703,000 | 112,892,000 | 117,765,000 |
| Allowance for loan losses | 1,337,000 | 1,401,000 | 1,334,000 | 1,453,000 |
| Securities available for sale | 66,121,000 | 67,101,000 | 65,551,000 | 63,622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,228,000 | 185,072,000 | 182,662,000 | 184,013,000 |
| Interest-bearing deposits | 149,472,000 | 157,001,000 | 155,867,000 | 154,476,000 |
| Noninterest-bearing deposits | 30,756,000 | 28,071,000 | 26,795,000 | 29,537,000 |
| Equity capital | 19,991,000 | 20,430,000 | 20,477,000 | 21,664,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,779,000 | 3,738,000 | 5,767,000 | 7,831,000 |
| Interest expense | 183,000 | 385,000 | 598,000 | 824,000 |
| Net interest income | 1,596,000 | 3,353,000 | 5,169,000 | 7,007,000 |
| Noninterest income | 139,000 | 284,000 | 435,000 | 587,000 |
| Noninterest expense | 1,181,000 | 2,400,000 | 3,652,000 | 5,062,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 210,000 |
| Pretax income | 505,000 | 1,158,000 | 1,843,000 | 2,202,000 |
| Income tax | 113,000 | 268,000 | 410,000 | 409,000 |
| Net income | 392,000 | 890,000 | 1,433,000 | 1,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,721,000 | 22,219,000 | 22,761,000 | 23,122,000 |
| Total capital | 23,058,000 | 23,620,000 | 24,095,000 | 24,575,000 |
| Risk-weighted assets | 124,081,000 | 128,622,000 | 127,832,000 | 131,196,000 |