Call reports 2014
FIRST CAROLINA BANK — 2014
What FIRST CAROLINA BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 88,585,000 | 98,967,000 | 103,485,000 | 112,264,000 |
| Total loans | 63,045,000 | 68,532,000 | 76,218,000 | 81,845,000 |
| Allowance for loan losses | 399,000 | 394,000 | 419,000 | 434,000 |
| Securities available for sale | 111,000 | 4,073,000 | 8,763,000 | 14,955,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,898,000 | 87,871,000 | 91,956,000 | 99,843,000 |
| Interest-bearing deposits | 71,442,000 | 79,522,000 | 83,802,000 | 90,161,000 |
| Noninterest-bearing deposits | 6,456,000 | 8,349,000 | 8,154,000 | 9,682,000 |
| Equity capital | 10,416,000 | 10,856,000 | 11,260,000 | 12,182,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 776,000 | 1,665,000 | 2,613,000 | 3,668,000 |
| Interest expense | 125,000 | 258,000 | 391,000 | 530,000 |
| Net interest income | 651,000 | 1,407,000 | 2,222,000 | 3,138,000 |
| Noninterest income | 60,000 | 136,000 | 142,000 | 201,000 |
| Noninterest expense | 860,000 | 1,768,000 | 2,630,000 | 3,520,000 |
| Provision for loan losses | 0 | 96,000 | 119,000 | 134,000 |
| Pretax income | -149,000 | -321,000 | -385,000 | -315,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -149,000 | -321,000 | -385,000 | -315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,216,000 | 8,673,000 | 9,082,000 | 10,039,000 |
| Total capital | 8,615,000 | 9,067,000 | 9,501,000 | 10,473,000 |
| Risk-weighted assets | 59,198,000 | 64,199,000 | 69,120,000 | 74,067,000 |