Call reports 2015
SOUTHCOAST COMMUNITY BANK — 2015
What SOUTHCOAST COMMUNITY BANK 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 | 486,108,000 | 499,395,000 | 475,522,000 | 497,140,000 |
| Total loans | 367,630,000 | 383,402,000 | 388,234,000 | 391,007,000 |
| Allowance for loan losses | 4,875,000 | 4,986,000 | 4,772,000 | 4,794,000 |
| Securities available for sale | 35,185,000 | 33,307,000 | 32,844,000 | 31,843,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,519,000 | 366,034,000 | 355,335,000 | 343,650,000 |
| Interest-bearing deposits | 293,645,000 | 297,438,000 | 290,824,000 | 284,070,000 |
| Noninterest-bearing deposits | 65,874,000 | 68,596,000 | 64,511,000 | 59,580,000 |
| Equity capital | 50,984,000 | 51,708,000 | 53,026,000 | 53,647,000 |
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 | 4,863,000 | 9,588,000 | 14,553,000 | 19,459,000 |
| Interest expense | 806,000 | 1,618,000 | 2,440,000 | 3,257,000 |
| Net interest income | 4,057,000 | 7,970,000 | 12,113,000 | 16,202,000 |
| Noninterest income | 1,306,000 | 1,979,000 | 2,577,000 | 3,376,000 |
| Noninterest expense | 3,002,000 | 6,073,000 | 9,237,000 | 12,986,000 |
| Provision for loan losses | -900,000 | -900,000 | -900,000 | -939,000 |
| Pretax income | 3,261,000 | 4,776,000 | 6,353,000 | 7,531,000 |
| Income tax | 1,148,000 | 1,667,000 | 2,209,000 | 2,606,000 |
| Net income | 2,113,000 | 3,109,000 | 4,144,000 | 4,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,904,000 | 52,458,000 | 53,609,000 | 54,390,000 |
| Total capital | 55,240,000 | 56,886,000 | 58,033,000 | 58,788,000 |
| Risk-weighted assets | 343,792,000 | 352,742,000 | 351,474,000 | 350,965,000 |