Call reports 2013
FIRST CAROLINA BANK — 2013
What FIRST CAROLINA BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 72,495,000 | 77,164,000 | 76,670,000 | 85,856,000 |
| Total loans | 49,199,000 | 49,093,000 | 55,068,000 | 56,976,000 |
| Allowance for loan losses | 214,000 | 198,000 | 329,000 | 404,000 |
| Securities available for sale | 0 | 164,000 | 142,000 | 126,000 |
| Securities held to maturity | 193,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,332,000 | 66,105,000 | 66,140,000 | 75,729,000 |
| Interest-bearing deposits | 55,101,000 | 59,677,000 | 59,646,000 | 68,183,000 |
| Noninterest-bearing deposits | 6,231,000 | 6,428,000 | 6,494,000 | 7,546,000 |
| Equity capital | 10,758,000 | 10,892,000 | 10,339,000 | 9,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,248,000 | 2,252,000 | 2,643,000 | 3,438,000 |
| Interest expense | 24,000 | 104,000 | 210,000 | 333,000 |
| Net interest income | 1,224,000 | 2,148,000 | 2,433,000 | 3,105,000 |
| Noninterest income | 59,000 | 284,000 | 575,000 | 568,000 |
| Noninterest expense | 947,000 | 1,947,000 | 2,831,000 | 3,789,000 |
| Provision for loan losses | 200,000 | 206,000 | 452,000 | 562,000 |
| Pretax income | 136,000 | 279,000 | -275,000 | -678,000 |
| Income tax | 0 | 7,000 | 7,000 | 0 |
| Net income | 136,000 | 272,000 | -282,000 | -678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,302,000 | 8,222,000 | 8,077,000 | 7,706,000 |
| Total capital | 8,516,000 | 8,420,000 | 8,406,000 | 8,110,000 |
| Risk-weighted assets | 50,080,000 | 48,667,000 | 53,285,000 | 53,737,000 |