Call reports 2016
SOUTH COAST BANK & TRUST — 2016
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 89,885,000 | 96,359,000 | 100,598,000 | 99,486,000 |
| Total loans | 70,853,000 | 73,023,000 | 79,980,000 | 82,050,000 |
| Allowance for loan losses | 1,069,000 | 1,122,000 | 1,142,000 | 1,267,000 |
| Securities available for sale | 6,246,000 | 6,535,000 | 7,411,000 | 7,255,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,272,000 | 86,525,000 | 90,433,000 | 87,426,000 |
| Interest-bearing deposits | 63,022,000 | 67,007,000 | 68,906,000 | 69,647,000 |
| Noninterest-bearing deposits | 17,250,000 | 19,518,000 | 21,527,000 | 17,779,000 |
| Equity capital | 9,356,000 | 9,492,000 | 9,825,000 | 11,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 912,000 | 1,853,000 | 2,851,000 | 3,893,000 |
| Interest expense | 95,000 | 200,000 | 312,000 | 426,000 |
| Net interest income | 817,000 | 1,653,000 | 2,539,000 | 3,467,000 |
| Noninterest income | 272,000 | 376,000 | 669,000 | 994,000 |
| Noninterest expense | 852,000 | 1,698,000 | 2,507,000 | 3,309,000 |
| Provision for loan losses | 54,000 | 108,000 | 162,000 | 378,000 |
| Pretax income | 183,000 | 230,000 | 546,000 | 793,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 183,000 | 230,000 | 546,000 | 793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,354,000 | 9,402,000 | 9,718,000 | 11,991,000 |
| Total capital | 10,268,000 | 10,333,000 | 10,729,000 | 13,013,000 |
| Risk-weighted assets | 72,932,000 | 74,312,000 | 80,770,000 | 81,503,000 |