Call reports 2016
SOUTHCOAST COMMUNITY BANK — 2016
What SOUTHCOAST COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 |
|---|---|
| Total assets | 473,306,000 |
| Total loans | 382,074,000 |
| Allowance for loan losses | 4,421,000 |
| Securities available for sale | 31,322,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 342,277,000 |
| Interest-bearing deposits | 276,734,000 |
| Noninterest-bearing deposits | 65,543,000 |
| Equity capital | 55,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 |
|---|---|
| Interest income | 4,770,000 |
| Interest expense | 801,000 |
| Net interest income | 3,969,000 |
| Noninterest income | 632,000 |
| Noninterest expense | 2,953,000 |
| Provision for loan losses | -500,000 |
| Pretax income | 2,148,000 |
| Income tax | 294,000 |
| Net income | 1,854,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 |
|---|---|
| Tier 1 capital | 56,245,000 |
| Total capital | 60,573,000 |
| Risk-weighted assets | 346,089,000 |