Call reports 2023
SOUTH COAST BANK & TRUST — 2023
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 217,926,000 | 211,691,000 | 210,398,000 | 215,785,000 |
| Total loans | 160,452,000 | 158,223,000 | 162,268,000 | 162,690,000 |
| Allowance for loan losses | 2,631,000 | 2,641,000 | 2,646,000 | 2,770,000 |
| Securities available for sale | 27,984,000 | 27,461,000 | 25,981,000 | 27,095,000 |
| Securities held to maturity | 1,116,000 | 1,116,000 | 615,000 | 1,236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,534,000 | 194,250,000 | 193,394,000 | 197,731,000 |
| Interest-bearing deposits | 157,057,000 | 151,560,000 | 153,768,000 | 158,560,000 |
| Noninterest-bearing deposits | 43,477,000 | 42,690,000 | 39,626,000 | 39,171,000 |
| Equity capital | 12,978,000 | 13,409,000 | 12,879,000 | 13,926,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,448,000 | 5,104,000 | 7,810,000 | 10,666,000 |
| Interest expense | 703,000 | 1,556,000 | 2,677,000 | 3,938,000 |
| Net interest income | 1,745,000 | 3,548,000 | 5,133,000 | 6,728,000 |
| Noninterest income | 171,000 | 338,000 | 745,000 | 891,000 |
| Noninterest expense | 1,247,000 | 2,532,000 | 3,798,000 | 5,051,000 |
| Provision for loan losses | 4,000 | 14,000 | 18,000 | 143,000 |
| Pretax income | 623,000 | 1,300,000 | 2,022,000 | 2,385,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 623,000 | 1,300,000 | 2,022,000 | 2,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,159,000 | 19,666,000 | 20,236,000 | 19,866,000 |
| Total capital | 21,131,000 | 21,652,000 | 22,231,000 | 21,871,000 |
| Risk-weighted assets | 157,046,000 | 158,164,000 | 158,898,000 | 159,651,000 |