Call reports 2023
FIRST CAROLINA BANK — 2023
What FIRST CAROLINA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,235,118,000 | 2,521,850,000 | 2,556,784,000 | 2,725,297,000 |
| Total loans | 1,892,746,000 | 2,024,327,000 | 2,163,037,000 | 2,230,443,000 |
| Allowance for loan losses | 19,527,000 | 19,452,000 | 18,575,000 | 18,897,000 |
| Securities available for sale | 69,135,000 | 135,362,000 | 121,553,000 | 119,985,000 |
| Securities held to maturity | 83,849,000 | 83,708,000 | 82,744,000 | 82,209,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,781,732,000 | 2,039,468,000 | 2,066,902,000 | 2,368,980,000 |
| Interest-bearing deposits | 1,585,290,000 | 1,698,845,000 | 1,731,857,000 | 1,682,077,000 |
| Noninterest-bearing deposits | 196,442,000 | 340,623,000 | 335,045,000 | 686,903,000 |
| Equity capital | 305,981,000 | 312,204,000 | 318,208,000 | 325,069,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 28,068,000 | 60,738,000 | 96,744,000 | 135,567,000 |
| Interest expense | 12,066,000 | 28,468,000 | 46,867,000 | 66,382,000 |
| Net interest income | 16,002,000 | 32,270,000 | 49,877,000 | 69,185,000 |
| Noninterest income | 485,000 | 1,001,000 | 1,557,000 | 2,278,000 |
| Noninterest expense | 8,033,000 | 16,993,000 | 28,246,000 | 42,118,000 |
| Provision for loan losses | -142,000 | -209,000 | -1,084,000 | -757,000 |
| Pretax income | 7,260,000 | 14,759,000 | 22,259,000 | 28,155,000 |
| Income tax | 1,255,000 | 2,716,000 | 4,202,000 | 5,069,000 |
| Net income | 6,005,000 | 12,043,000 | 18,057,000 | 23,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 306,285,000 | 312,878,000 | 319,510,000 | 325,153,000 |
| Total capital | 332,714,000 | 339,624,000 | 345,774,000 | 351,672,000 |
| Risk-weighted assets | 2,260,347,000 | 2,485,635,000 | 2,729,887,000 | 2,847,711,000 |