Call reports 2011
SOUTHCOAST COMMUNITY BANK — 2011
What SOUTHCOAST COMMUNITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 468,900,000 | 457,074,000 | 440,615,000 | 425,336,000 |
| Total loans | 330,847,000 | 330,652,000 | 326,245,000 | 320,734,000 |
| Allowance for loan losses | 8,814,000 | 10,106,000 | 10,511,000 | 10,692,000 |
| Securities available for sale | 65,128,000 | 63,400,000 | 62,107,000 | 48,872,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 355,017,000 | 344,961,000 | 333,510,000 | 318,721,000 |
| Interest-bearing deposits | 323,320,000 | 309,866,000 | 297,536,000 | 282,391,000 |
| Noninterest-bearing deposits | 31,697,000 | 35,095,000 | 35,974,000 | 36,330,000 |
| Equity capital | 48,404,000 | 41,631,000 | 40,550,000 | 37,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,010,000 | 10,080,000 | 14,561,000 | 18,904,000 |
| Interest expense | 1,732,000 | 3,422,000 | 5,047,000 | 6,465,000 |
| Net interest income | 3,278,000 | 6,658,000 | 9,514,000 | 12,439,000 |
| Noninterest income | 509,000 | 1,442,000 | 2,126,000 | 2,838,000 |
| Noninterest expense | 3,355,000 | 8,736,000 | 12,535,000 | 17,284,000 |
| Provision for loan losses | 1,150,000 | 3,643,000 | 6,623,000 | 10,023,000 |
| Pretax income | -872,000 | -3,636,000 | -6,875,000 | -11,353,000 |
| Income tax | -389,000 | 3,874,000 | 3,457,000 | 3,635,000 |
| Net income | -483,000 | -7,510,000 | -10,332,000 | -14,988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,436,000 | 43,065,000 | 41,243,000 | 38,620,000 |
| Total capital | 50,839,000 | 47,329,000 | 45,445,000 | 42,766,000 |
| Risk-weighted assets | 342,299,000 | 335,288,000 | 329,689,000 | 324,526,000 |
Machine access — free, no API key
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