Call reports 2003
SOUTH COAST BANK & TRUST — 2003
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 25,255,000 | 25,848,000 | 25,032,000 | 24,119,000 |
| Total loans | 10,393,000 | 10,486,000 | 10,515,000 | 10,951,000 |
| Allowance for loan losses | 148,000 | 135,000 | 129,000 | 122,000 |
| Securities available for sale | 9,904,000 | 10,804,000 | 10,796,000 | 10,031,000 |
| Securities held to maturity | 38,000 | 36,000 | 33,000 | 30,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,435,000 | 22,843,000 | 22,180,000 | 21,320,000 |
| Interest-bearing deposits | 19,242,000 | 19,443,000 | 18,195,000 | 17,890,000 |
| Noninterest-bearing deposits | 3,193,000 | 3,400,000 | 3,985,000 | 3,430,000 |
| Equity capital | 2,741,000 | 2,883,000 | 2,718,000 | 2,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 332,000 | 650,000 | 962,000 | 1,280,000 |
| Interest expense | 82,000 | 158,000 | 227,000 | 288,000 |
| Net interest income | 250,000 | 492,000 | 735,000 | 992,000 |
| Noninterest income | 44,000 | 86,000 | 134,000 | 181,000 |
| Noninterest expense | 199,000 | 393,000 | 602,000 | 872,000 |
| Provision for loan losses | 2,000 | 2,000 | 2,000 | 2,000 |
| Pretax income | 93,000 | 183,000 | 265,000 | 299,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 93,000 | 183,000 | 265,000 | 299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,455,000 | 2,545,000 | 2,539,000 | 2,573,000 |
| Total capital | 2,603,000 | 2,680,000 | 2,668,000 | 2,695,000 |
| Risk-weighted assets | 11,990,000 | 11,967,000 | 12,280,000 | 12,513,000 |