Call reports 2010
FIRST CAROLINA BANK — 2010
What FIRST CAROLINA BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 113,079,000 | 113,257,000 | 115,026,000 | 101,954,000 |
| Total loans | 85,519,000 | 84,257,000 | 83,825,000 | 76,327,000 |
| Allowance for loan losses | 1,888,000 | 1,711,000 | 1,867,000 | 2,219,000 |
| Securities available for sale | 1,527,000 | 3,506,000 | 7,819,000 | 7,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,313,000 | 89,203,000 | 92,396,000 | 86,355,000 |
| Interest-bearing deposits | 83,298,000 | 83,782,000 | 86,719,000 | 81,116,000 |
| Noninterest-bearing deposits | 5,015,000 | 5,421,000 | 5,677,000 | 5,239,000 |
| Equity capital | 10,999,000 | 10,173,000 | 9,392,000 | 2,234,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,043,000 | 2,068,000 | 3,147,000 | 4,163,000 |
| Interest expense | 457,000 | 888,000 | 1,313,000 | 1,719,000 |
| Net interest income | 586,000 | 1,180,000 | 1,834,000 | 2,444,000 |
| Noninterest income | 76,000 | 180,000 | 320,000 | 390,000 |
| Noninterest expense | 823,000 | 1,563,000 | 2,336,000 | 7,250,000 |
| Provision for loan losses | 621,000 | 1,430,000 | 2,245,000 | 5,159,000 |
| Pretax income | -782,000 | -1,633,000 | -2,427,000 | -9,575,000 |
| Income tax | 0 | -17,000 | -17,000 | -17,000 |
| Net income | -782,000 | -1,616,000 | -2,410,000 | -9,558,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,059,000 | 6,225,000 | 5,431,000 | 2,209,000 |
| Total capital | 8,068,000 | 7,220,000 | 6,417,000 | 3,133,000 |
| Risk-weighted assets | 79,833,000 | 78,885,000 | 78,038,000 | 72,590,000 |