Call reports 2022
FIRST CAROLINA BANK — 2022
What FIRST CAROLINA BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,579,081,000 | 1,741,909,000 | 1,944,340,000 | 2,112,345,000 |
| Total loans | 1,254,565,000 | 1,410,566,000 | 1,647,412,000 | 1,760,835,000 |
| Allowance for loan losses | 8,211,000 | 9,217,000 | 10,650,000 | 11,669,000 |
| Securities available for sale | 37,178,000 | 46,821,000 | 48,587,000 | 65,684,000 |
| Securities held to maturity | 90,943,000 | 90,472,000 | 84,887,000 | 84,590,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,176,305,000 | 1,334,862,000 | 1,476,369,000 | 1,687,921,000 |
| Interest-bearing deposits | 926,892,000 | 1,062,695,000 | 1,259,796,000 | 1,475,486,000 |
| Noninterest-bearing deposits | 249,413,000 | 272,167,000 | 216,573,000 | 212,435,000 |
| Equity capital | 289,007,000 | 294,788,000 | 301,954,000 | 309,614,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 14,038,000 | 30,506,000 | 51,027,000 | 77,166,000 |
| Interest expense | 1,356,000 | 3,275,000 | 7,157,000 | 16,238,000 |
| Net interest income | 12,682,000 | 27,231,000 | 43,870,000 | 60,928,000 |
| Noninterest income | 317,000 | 797,000 | 1,256,000 | 1,722,000 |
| Noninterest expense | 5,775,000 | 12,016,000 | 18,768,000 | 27,017,000 |
| Provision for loan losses | 721,000 | 1,730,000 | 3,166,000 | 4,186,000 |
| Pretax income | 6,503,000 | 14,282,000 | 23,192,000 | 31,447,000 |
| Income tax | 1,500,000 | 3,277,000 | 5,051,000 | 6,297,000 |
| Net income | 5,003,000 | 11,005,000 | 18,141,000 | 25,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 288,595,000 | 295,061,000 | 302,741,000 | 310,281,000 |
| Total capital | 296,806,000 | 304,278,000 | 313,391,000 | 321,951,000 |
| Risk-weighted assets | 1,451,941,000 | 1,651,722,000 | 1,943,425,000 | 2,107,183,000 |