Call reports 2021
FIRST CAROLINA BANK — 2021
What FIRST CAROLINA BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,140,365,000 | 1,249,928,000 | 1,326,113,000 | 1,418,011,000 |
| Total loans | 851,856,000 | 964,501,000 | 1,044,160,000 | 1,172,159,000 |
| Allowance for loan losses | 5,305,000 | 6,026,000 | 6,617,000 | 7,490,000 |
| Securities available for sale | 51,945,000 | 54,903,000 | 48,895,000 | 41,968,000 |
| Securities held to maturity | 102,685,000 | 98,639,000 | 97,724,000 | 94,503,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 899,996,000 | 981,260,000 | 1,050,002,000 | 1,111,130,000 |
| Interest-bearing deposits | 700,624,000 | 799,520,000 | 863,410,000 | 926,420,000 |
| Noninterest-bearing deposits | 199,372,000 | 181,740,000 | 186,592,000 | 184,710,000 |
| Equity capital | 137,879,000 | 167,162,000 | 174,228,000 | 184,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,110,000 | 21,350,000 | 33,713,000 | 46,918,000 |
| Interest expense | 1,353,000 | 2,660,000 | 4,044,000 | 5,383,000 |
| Net interest income | 8,757,000 | 18,690,000 | 29,669,000 | 41,535,000 |
| Noninterest income | 238,000 | 529,000 | 775,000 | 1,062,000 |
| Noninterest expense | 3,872,000 | 8,075,000 | 12,490,000 | 17,648,000 |
| Provision for loan losses | 548,000 | 1,293,000 | 1,879,000 | 2,747,000 |
| Pretax income | 4,575,000 | 9,851,000 | 16,354,000 | 22,687,000 |
| Income tax | 1,060,000 | 2,275,000 | 3,777,000 | 4,516,000 |
| Net income | 3,515,000 | 7,576,000 | 12,577,000 | 18,171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 135,658,000 | 164,981,000 | 172,257,000 | 183,149,000 |
| Total capital | 140,963,000 | 171,007,000 | 178,874,000 | 190,639,000 |
| Risk-weighted assets | 983,058,000 | 1,102,183,000 | 1,167,489,000 | 1,331,384,000 |