Call reports 2017
FOUR OAKS BANK & TRUST COMPANY — 2017
What FOUR OAKS BANK & TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Total assets | 734,221,000 | 736,893,000 | 723,662,000 |
| Total loans | 513,244,000 | 500,258,000 | 503,811,000 |
| Allowance for loan losses | 9,620,000 | 9,654,000 | 9,390,000 |
| Securities available for sale | 63,241,000 | 76,210,000 | 73,752,000 |
| Securities held to maturity | 47,981,000 | 45,398,000 | 42,571,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 561,119,000 | 562,342,000 | 561,821,000 |
| Interest-bearing deposits | 399,666,000 | 395,305,000 | 389,848,000 |
| Noninterest-bearing deposits | 161,453,000 | 167,037,000 | 171,973,000 |
| Equity capital | 90,271,000 | 91,208,000 | 93,392,000 |
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 |
|---|---|---|---|
| Interest income | 7,603,000 | 15,137,000 | 22,698,000 |
| Interest expense | 916,000 | 1,841,000 | 2,754,000 |
| Net interest income | 6,687,000 | 13,296,000 | 19,944,000 |
| Noninterest income | 1,327,000 | 2,948,000 | 4,462,000 |
| Noninterest expense | 5,890,000 | 11,736,000 | 17,353,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 2,124,000 | 4,508,000 | 7,053,000 |
| Income tax | 749,000 | 1,573,000 | 2,445,000 |
| Net income | 1,375,000 | 2,935,000 | 4,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 79,741,000 | 81,019,000 | 83,972,000 |
| Total capital | 86,770,000 | 87,928,000 | 90,981,000 |
| Risk-weighted assets | 559,732,000 | 550,001,000 | 558,353,000 |