Call reports 2024
COASTAL COMMUNITY BANK — 2024
What COASTAL COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,861,147,000 | 3,958,018,000 | 4,062,509,000 | 4,118,001,000 |
| Total loans | 3,200,351,000 | 3,326,460,000 | 3,426,397,000 | 3,507,165,000 |
| Allowance for loan losses | 139,258,000 | 147,914,000 | 170,263,000 | 176,994,000 |
| Securities available for sale | 41,000 | 39,000 | 38,000 | 35,000 |
| Securities held to maturity | 50,049,000 | 49,174,000 | 48,582,000 | 47,286,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,468,370,000 | 3,548,828,000 | 3,633,226,000 | 3,633,150,000 |
| Interest-bearing deposits | 2,888,867,000 | 2,949,643,000 | 3,047,860,000 | 3,057,808,000 |
| Noninterest-bearing deposits | 579,503,000 | 599,185,000 | 585,366,000 | 575,342,000 |
| Equity capital | 342,392,000 | 355,667,000 | 370,761,000 | 436,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 90,473,000 | 187,959,000 | 293,038,000 | 389,625,000 |
| Interest expense | 28,867,000 | 59,448,000 | 91,671,000 | 121,076,000 |
| Net interest income | 61,606,000 | 128,511,000 | 201,367,000 | 268,549,000 |
| Noninterest income | 86,886,000 | 156,742,000 | 236,747,000 | 313,449,000 |
| Noninterest expense | 55,780,000 | 114,232,000 | 179,500,000 | 243,398,000 |
| Provision for loan losses | 79,518,000 | 141,408,000 | 212,993,000 | 275,663,000 |
| Pretax income | 9,554,000 | 25,538,000 | 42,874,000 | 60,993,000 |
| Income tax | 2,095,000 | 5,765,000 | 8,904,000 | 12,958,000 |
| Net income | 7,459,000 | 19,773,000 | 33,970,000 | 48,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 342,370,000 | 355,647,000 | 370,749,000 | 436,116,000 |
| Total capital | 385,830,000 | 400,773,000 | 417,165,000 | 483,248,000 |
| Risk-weighted assets | 3,376,787,000 | 3,502,601,000 | 3,586,129,000 | 3,638,158,000 |