Call reports 2019
BANK OF THE LOWCOUNTRY — 2019
What BANK OF THE LOWCOUNTRY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 224,821,000 | 227,854,000 | 233,131,000 | 227,022,000 |
| Total loans | 120,720,000 | 128,049,000 | 129,138,000 | 110,475,000 |
| Allowance for loan losses | 1,471,000 | 1,515,000 | 1,598,000 | 1,604,000 |
| Securities available for sale | 63,946,000 | 63,930,000 | 62,672,000 | 65,111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,572,000 | 193,025,000 | 197,403,000 | 191,239,000 |
| Interest-bearing deposits | 162,380,000 | 164,476,000 | 167,812,000 | 162,280,000 |
| Noninterest-bearing deposits | 29,192,000 | 28,549,000 | 29,591,000 | 28,959,000 |
| Equity capital | 22,840,000 | 24,256,000 | 24,999,000 | 25,253,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,196,000 | 4,451,000 | 6,745,000 | 8,984,000 |
| Interest expense | 271,000 | 576,000 | 895,000 | 1,199,000 |
| Net interest income | 1,925,000 | 3,875,000 | 5,850,000 | 7,785,000 |
| Noninterest income | 140,000 | 289,000 | 440,000 | 591,000 |
| Noninterest expense | 1,345,000 | 2,693,000 | 4,230,000 | 5,667,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 100,000 |
| Pretax income | 690,000 | 1,427,000 | 2,130,000 | 2,769,000 |
| Income tax | 145,000 | 288,000 | 425,000 | 478,000 |
| Net income | 545,000 | 1,139,000 | 1,705,000 | 2,291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,216,000 | 23,811,000 | 24,377,000 | 24,963,000 |
| Total capital | 24,687,000 | 25,326,000 | 25,975,000 | 26,449,000 |
| Risk-weighted assets | 136,881,000 | 136,134,000 | 136,861,000 | 118,815,000 |