Call reports 2015
FOUR OAKS BANK & TRUST COMPANY — 2015
What FOUR OAKS BANK & TRUST COMPANY 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 | 766,885,000 | 720,534,000 | 713,413,000 | 690,365,000 |
| Total loans | 462,153,000 | 459,499,000 | 454,864,000 | 459,458,000 |
| Allowance for loan losses | 9,790,000 | 9,812,000 | 10,272,000 | 9,616,000 |
| Securities available for sale | 65,327,000 | 75,281,000 | 71,971,000 | 70,270,000 |
| Securities held to maturity | 77,972,000 | 73,219,000 | 68,992,000 | 65,354,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 607,217,000 | 547,089,000 | 538,739,000 | 544,335,000 |
| Interest-bearing deposits | 400,123,000 | 414,537,000 | 406,104,000 | 411,534,000 |
| Noninterest-bearing deposits | 207,094,000 | 132,552,000 | 132,635,000 | 132,801,000 |
| Equity capital | 63,547,000 | 79,158,000 | 80,918,000 | 81,432,000 |
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 | 7,482,000 | 14,745,000 | 22,133,000 | 29,363,000 |
| Interest expense | 1,421,000 | 2,805,000 | 4,208,000 | 5,532,000 |
| Net interest income | 6,061,000 | 11,940,000 | 17,925,000 | 23,831,000 |
| Noninterest income | 1,354,000 | 2,944,000 | 4,361,000 | 8,964,000 |
| Noninterest expense | 6,188,000 | 12,403,000 | 18,797,000 | 28,161,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,283,000 | 2,537,000 | 3,754,000 | 4,899,000 |
| Income tax | 0 | -15,557,000 | -15,468,000 | -15,468,000 |
| Net income | 1,283,000 | 18,094,000 | 19,222,000 | 20,367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,236,000 | 69,052,000 | 70,328,000 | 71,368,000 |
| Total capital | 68,389,000 | 75,272,000 | 76,556,000 | 77,621,000 |
| Risk-weighted assets | 488,611,000 | 494,005,000 | 494,224,000 | 496,880,000 |