Call reports 2014
COASTAL BANK, THE — 2014
What COASTAL BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Total assets | 426,230,000 | 435,713,000 |
| Total loans | 296,511,000 | 303,429,000 |
| Allowance for loan losses | 3,490,000 | 3,218,000 |
| Securities available for sale | 65,357,000 | 67,267,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 365,085,000 | 369,039,000 |
| Interest-bearing deposits | 289,012,000 | 289,012,000 |
| Noninterest-bearing deposits | 76,073,000 | 80,027,000 |
| Equity capital | 45,984,000 | 43,967,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Interest income | 4,468,000 | 8,909,000 |
| Interest expense | 343,000 | 679,000 |
| Net interest income | 4,125,000 | 8,230,000 |
| Noninterest income | 1,153,000 | 2,318,000 |
| Noninterest expense | 4,304,000 | 13,921,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 989,000 | -3,358,000 |
| Income tax | 287,000 | -1,490,000 |
| Net income | 702,000 | -1,868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 |
|---|---|---|
| Tier 1 capital | 40,728,000 | 37,192,000 |
| Total capital | 44,218,000 | 40,410,000 |
| Risk-weighted assets | 311,723,000 | 316,939,000 |