Call reports 2020
SOUTH COAST BANK & TRUST — 2020
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 147,930,000 | 176,524,000 | 178,274,000 | 175,559,000 |
| Total loans | 119,792,000 | 124,059,000 | 127,025,000 | 127,723,000 |
| Allowance for loan losses | 2,018,000 | 2,082,000 | 2,140,000 | 2,169,000 |
| Securities available for sale | 10,435,000 | 13,131,000 | 18,210,000 | 24,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,334,000 | 156,264,000 | 157,554,000 | 157,859,000 |
| Interest-bearing deposits | 103,306,000 | 120,883,000 | 124,236,000 | 125,769,000 |
| Noninterest-bearing deposits | 25,028,000 | 35,382,000 | 33,318,000 | 32,090,000 |
| Equity capital | 14,719,000 | 15,340,000 | 15,774,000 | 15,790,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,683,000 | 3,454,000 | 5,114,000 | 6,857,000 |
| Interest expense | 361,000 | 692,000 | 1,010,000 | 1,271,000 |
| Net interest income | 1,322,000 | 2,762,000 | 4,104,000 | 5,586,000 |
| Noninterest income | 142,000 | 276,000 | 429,000 | 613,000 |
| Noninterest expense | 1,068,000 | 2,143,000 | 3,217,000 | 4,292,000 |
| Provision for loan losses | 70,000 | 135,000 | 195,000 | 225,000 |
| Pretax income | 382,000 | 870,000 | 1,302,000 | 1,864,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 382,000 | 870,000 | 1,302,000 | 1,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,755,000 | 15,243,000 | 15,674,000 | 15,664,000 |
| Total capital | 16,173,000 | 16,754,000 | 17,284,000 | 17,249,000 |
| Risk-weighted assets | 112,879,000 | 120,319,000 | 128,254,000 | 126,248,000 |