Call reports 2011
SOUTH COAST BANK & TRUST — 2011
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 29,150,000 | 28,851,000 | 27,586,000 | 27,266,000 |
| Total loans | 13,447,000 | 12,842,000 | 12,476,000 | 12,046,000 |
| Allowance for loan losses | 250,000 | 233,000 | 233,000 | 427,000 |
| Securities available for sale | 3,280,000 | 4,821,000 | 5,591,000 | 5,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,176,000 | 25,934,000 | 24,601,000 | 24,461,000 |
| Interest-bearing deposits | 21,726,000 | 21,470,000 | 20,383,000 | 20,612,000 |
| Noninterest-bearing deposits | 4,450,000 | 4,464,000 | 4,218,000 | 3,849,000 |
| Equity capital | 2,889,000 | 2,837,000 | 2,911,000 | 2,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 231,000 | 459,000 | 696,000 | 925,000 |
| Interest expense | 52,000 | 95,000 | 132,000 | 165,000 |
| Net interest income | 179,000 | 364,000 | 564,000 | 760,000 |
| Noninterest income | 43,000 | 84,000 | 121,000 | 211,000 |
| Noninterest expense | 257,000 | 533,000 | 729,000 | 974,000 |
| Provision for loan losses | 30,000 | 98,000 | 98,000 | 292,000 |
| Pretax income | -65,000 | -183,000 | -142,000 | -288,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -65,000 | -183,000 | -142,000 | -288,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,878,000 | 2,760,000 | 2,801,000 | 2,655,000 |
| Total capital | 3,051,000 | 2,932,000 | 2,970,000 | 2,814,000 |
| Risk-weighted assets | 13,732,000 | 13,689,000 | 13,471,000 | 12,390,000 |