Call reports 2011
FIRST CAROLINA BANK — 2011
What FIRST CAROLINA BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 99,176,000 | 95,231,000 | 90,255,000 | 85,169,000 |
| Total loans | 72,520,000 | 66,732,000 | 61,978,000 | 58,505,000 |
| Allowance for loan losses | 2,580,000 | 2,965,000 | 3,585,000 | 4,279,000 |
| Securities available for sale | 7,676,000 | 7,599,000 | 7,536,000 | 6,952,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,085,000 | 78,462,000 | 75,062,000 | 73,293,000 |
| Interest-bearing deposits | 77,982,000 | 73,469,000 | 69,450,000 | 67,469,000 |
| Noninterest-bearing deposits | 5,103,000 | 4,993,000 | 5,612,000 | 5,824,000 |
| Equity capital | 2,248,000 | 2,113,000 | 1,885,000 | 1,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 910,000 | 1,791,000 | 2,603,000 | 3,371,000 |
| Interest expense | 348,000 | 677,000 | 991,000 | 1,265,000 |
| Net interest income | 562,000 | 1,114,000 | 1,612,000 | 2,106,000 |
| Noninterest income | 9,000 | 18,000 | -39,000 | 45,000 |
| Noninterest expense | 1,009,000 | 1,973,000 | 2,938,000 | 3,895,000 |
| Provision for loan losses | 381,000 | 820,000 | 2,526,000 | 3,667,000 |
| Pretax income | -819,000 | -1,661,000 | -3,891,000 | -5,411,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -819,000 | -1,661,000 | -3,891,000 | -5,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,225,000 | 2,083,000 | 1,853,000 | 1,813,000 |
| Total capital | 3,106,000 | 2,925,000 | 2,660,000 | 2,591,000 |
| Risk-weighted assets | 68,765,000 | 65,217,000 | 61,776,000 | 58,731,000 |