Call reports 2015
SOUTH COAST BANK & TRUST — 2015
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 87,014,000 | 87,196,000 | 86,522,000 | 87,240,000 |
| Total loans | 64,615,000 | 67,794,000 | 70,670,000 | 71,545,000 |
| Allowance for loan losses | 874,000 | 916,000 | 958,000 | 1,016,000 |
| Securities available for sale | 2,297,000 | 4,712,000 | 5,128,000 | 6,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,308,000 | 78,546,000 | 77,310,000 | 77,785,000 |
| Interest-bearing deposits | 62,726,000 | 63,257,000 | 61,821,000 | 61,858,000 |
| Noninterest-bearing deposits | 15,582,000 | 15,289,000 | 15,489,000 | 15,927,000 |
| Equity capital | 8,619,000 | 8,602,000 | 8,961,000 | 9,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 762,000 | 1,573,000 | 2,456,000 | 3,359,000 |
| Interest expense | 66,000 | 154,000 | 239,000 | 324,000 |
| Net interest income | 696,000 | 1,419,000 | 2,217,000 | 3,035,000 |
| Noninterest income | 71,000 | 186,000 | 587,000 | 923,000 |
| Noninterest expense | 759,000 | 1,511,000 | 2,346,000 | 3,242,000 |
| Provision for loan losses | 43,000 | 85,000 | 128,000 | 207,000 |
| Pretax income | -35,000 | 9,000 | 330,000 | 509,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -35,000 | 9,000 | 330,000 | 509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,627,000 | 8,671,000 | 8,992,000 | 9,172,000 |
| Total capital | 9,458,000 | 9,540,000 | 9,892,000 | 10,091,000 |
| Risk-weighted assets | 66,472,000 | 69,503,000 | 71,920,000 | 73,428,000 |