Call reports 2020
FIRST CAROLINA BANK — 2020
What FIRST CAROLINA BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 808,010,000 | 906,918,000 | 934,237,000 | 1,066,591,000 |
| Total loans | 515,922,000 | 584,675,000 | 632,110,000 | 783,105,000 |
| Allowance for loan losses | 3,015,000 | 3,487,000 | 3,732,000 | 4,750,000 |
| Securities available for sale | 53,554,000 | 55,407,000 | 66,534,000 | 57,759,000 |
| Securities held to maturity | 186,352,000 | 180,420,000 | 140,946,000 | 106,182,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 601,212,000 | 689,874,000 | 707,142,000 | 830,759,000 |
| Interest-bearing deposits | 548,346,000 | 630,161,000 | 614,181,000 | 694,552,000 |
| Noninterest-bearing deposits | 52,866,000 | 59,713,000 | 92,961,000 | 136,207,000 |
| Equity capital | 94,796,000 | 97,689,000 | 116,349,000 | 134,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,962,000 | 16,176,000 | 24,432,000 | 33,744,000 |
| Interest expense | 2,587,000 | 4,480,000 | 6,077,000 | 7,506,000 |
| Net interest income | 5,375,000 | 11,696,000 | 18,355,000 | 26,238,000 |
| Noninterest income | 155,000 | 327,000 | 539,000 | 768,000 |
| Noninterest expense | 2,725,000 | 5,569,000 | 8,939,000 | 12,672,000 |
| Provision for loan losses | 622,000 | 1,087,000 | 1,327,000 | 2,337,000 |
| Pretax income | 2,599,000 | 5,788,000 | 9,687,000 | 13,125,000 |
| Income tax | 596,000 | 1,330,000 | 2,231,000 | 2,627,000 |
| Net income | 2,003,000 | 4,458,000 | 7,456,000 | 10,498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,485,000 | 94,131,000 | 112,323,000 | 131,885,000 |
| Total capital | 94,500,000 | 97,618,000 | 116,055,000 | 136,635,000 |
| Risk-weighted assets | 598,092,000 | 676,330,000 | 740,183,000 | 910,516,000 |