Call reports 2008
SOUTHCOAST COMMUNITY BANK — 2008
What SOUTHCOAST COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 509,493,000 | 519,237,000 | 527,168,000 | 520,083,000 |
| Total loans | 384,758,000 | 397,104,000 | 407,790,000 | 403,803,000 |
| Allowance for loan losses | 4,051,000 | 4,758,000 | 5,820,000 | 7,335,000 |
| Securities available for sale | 62,713,000 | 72,736,000 | 63,647,000 | 57,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 358,319,000 | 377,069,000 | 388,398,000 | 368,549,000 |
| Interest-bearing deposits | 323,284,000 | 343,179,000 | 358,847,000 | 339,663,000 |
| Noninterest-bearing deposits | 35,035,000 | 33,890,000 | 29,551,000 | 28,886,000 |
| Equity capital | 51,241,000 | 50,783,000 | 49,280,000 | 50,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 7,662,000 | 15,549,000 | 23,268,000 | 30,928,000 |
| Interest expense | 4,071,000 | 7,730,000 | 11,555,000 | 15,264,000 |
| Net interest income | 3,591,000 | 7,819,000 | 11,713,000 | 15,664,000 |
| Noninterest income | 516,000 | 1,016,000 | 1,543,000 | 2,118,000 |
| Noninterest expense | 2,843,000 | 5,808,000 | 8,948,000 | 12,055,000 |
| Provision for loan losses | 310,000 | 1,039,000 | 2,129,000 | 3,779,000 |
| Pretax income | 1,107,000 | 2,213,000 | -399,000 | -373,000 |
| Income tax | 286,000 | 567,000 | -443,000 | -466,000 |
| Net income | 821,000 | 1,646,000 | 44,000 | 93,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,770,000 | 50,800,000 | 50,672,000 | 50,673,000 |
| Total capital | 54,821,000 | 55,558,000 | 55,595,000 | 55,538,000 |
| Risk-weighted assets | 384,522,000 | 381,797,000 | 392,918,000 | 386,725,000 |
Machine access — free, no API key
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