Call reports 2023
COASTAL COMMUNITY BANK — 2023
What COASTAL COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,448,140,000 | 3,532,281,000 | 3,674,721,000 | 3,749,496,000 |
| Total loans | 2,864,496,000 | 3,043,476,000 | 2,967,035,000 | 3,026,092,000 |
| Allowance for loan losses | 89,123,000 | 110,762,000 | 101,085,000 | 116,958,000 |
| Securities available for sale | 97,999,000 | 98,167,000 | 98,939,000 | 99,504,000 |
| Securities held to maturity | 3,705,000 | 12,563,000 | 42,550,000 | 50,860,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,102,982,000 | 3,169,425,000 | 3,296,191,000 | 3,365,879,000 |
| Interest-bearing deposits | 2,333,427,000 | 2,436,980,000 | 2,637,914,000 | 2,735,161,000 |
| Noninterest-bearing deposits | 769,555,000 | 732,445,000 | 658,277,000 | 630,718,000 |
| Equity capital | 295,739,000 | 310,073,000 | 322,324,000 | 333,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 70,111,000 | 153,798,000 | 242,127,000 | 330,371,000 |
| Interest expense | 14,959,000 | 35,634,000 | 61,084,000 | 89,000,000 |
| Net interest income | 55,152,000 | 118,164,000 | 181,043,000 | 241,371,000 |
| Noninterest income | 49,222,000 | 107,590,000 | 142,092,000 | 206,652,000 |
| Noninterest expense | 44,379,000 | 96,021,000 | 152,283,000 | 203,697,000 |
| Provision for loan losses | 43,544,000 | 96,142,000 | 123,299,000 | 184,043,000 |
| Pretax income | 16,298,000 | 33,783,000 | 47,649,000 | 60,334,000 |
| Income tax | 3,215,000 | 7,242,000 | 10,245,000 | 13,226,000 |
| Net income | 13,083,000 | 26,541,000 | 37,404,000 | 47,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 297,476,000 | 311,723,000 | 323,387,000 | 333,848,000 |
| Total capital | 336,202,000 | 353,522,000 | 363,755,000 | 375,320,000 |
| Risk-weighted assets | 3,046,885,000 | 3,274,513,000 | 3,168,182,000 | 3,241,670,000 |