Call reports 2024
FIRST CAROLINA BANK — 2024
What FIRST CAROLINA BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,890,968,000 | 2,983,518,000 | 3,085,826,000 | 3,039,278,000 |
| Total loans | 2,370,330,000 | 2,540,548,000 | 2,616,058,000 | 2,593,820,000 |
| Allowance for loan losses | 18,147,000 | 19,521,000 | 19,804,000 | 20,402,000 |
| Securities available for sale | 130,977,000 | 123,081,000 | 144,473,000 | 116,863,000 |
| Securities held to maturity | 79,941,000 | 72,085,000 | 66,876,000 | 51,761,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,516,646,000 | 2,537,978,000 | 2,601,410,000 | 2,520,493,000 |
| Interest-bearing deposits | 1,650,301,000 | 1,939,954,000 | 1,769,767,000 | 1,949,620,000 |
| Noninterest-bearing deposits | 866,345,000 | 598,024,000 | 831,643,000 | 570,873,000 |
| Equity capital | 332,471,000 | 338,668,000 | 346,138,000 | 391,141,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 41,720,000 | 84,437,000 | 130,414,000 | 176,086,000 |
| Interest expense | 17,565,000 | 38,153,000 | 60,293,000 | 81,154,000 |
| Net interest income | 24,155,000 | 46,284,000 | 70,121,000 | 94,932,000 |
| Noninterest income | 978,000 | 2,332,000 | 3,639,000 | 5,445,000 |
| Noninterest expense | 18,220,000 | 34,895,000 | 53,431,000 | 72,163,000 |
| Provision for loan losses | -750,000 | 628,000 | 913,000 | 1,550,000 |
| Pretax income | 7,965,000 | 14,508,000 | 21,899,000 | 29,980,000 |
| Income tax | 1,407,000 | 2,736,000 | 4,080,000 | 5,527,000 |
| Net income | 6,558,000 | 11,772,000 | 17,819,000 | 24,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 332,393,000 | 338,300,000 | 345,087,000 | 390,846,000 |
| Total capital | 357,860,000 | 364,029,000 | 370,030,000 | 415,554,000 |
| Risk-weighted assets | 2,952,116,000 | 3,047,961,000 | 3,051,457,000 | 2,987,235,000 |