Call reports 2024
SOUTH COAST BANK & TRUST — 2024
What SOUTH COAST BANK & TRUST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 230,149,000 | 249,037,000 | 242,995,000 | 238,548,000 |
| Total loans | 172,964,000 | 176,723,000 | 172,306,000 | 184,567,000 |
| Allowance for loan losses | 2,846,000 | 3,008,000 | 2,622,000 | 2,739,000 |
| Securities available for sale | 26,574,000 | 28,022,000 | 31,151,000 | 29,802,000 |
| Securities held to maturity | 1,239,000 | 614,000 | 239,000 | 238,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,911,000 | 227,509,000 | 217,095,000 | 213,529,000 |
| Interest-bearing deposits | 169,621,000 | 175,656,000 | 172,928,000 | 172,456,000 |
| Noninterest-bearing deposits | 40,290,000 | 51,853,000 | 44,167,000 | 41,073,000 |
| Equity capital | 13,816,000 | 14,524,000 | 19,317,000 | 17,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,945,000 | 6,269,000 | 9,766,000 | 13,325,000 |
| Interest expense | 1,338,000 | 2,777,000 | 4,362,000 | 5,848,000 |
| Net interest income | 1,607,000 | 3,492,000 | 5,404,000 | 7,477,000 |
| Noninterest income | 165,000 | 337,000 | 502,000 | 650,000 |
| Noninterest expense | 1,303,000 | 2,613,000 | 3,985,000 | 5,596,000 |
| Provision for loan losses | 75,000 | 235,000 | 345,000 | 465,000 |
| Pretax income | 394,000 | 981,000 | 1,576,000 | 2,066,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 394,000 | 981,000 | 1,576,000 | 2,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,259,000 | 20,531,000 | 23,967,000 | 23,782,000 |
| Total capital | 22,450,000 | 22,729,000 | 26,183,000 | — |
| Risk-weighted assets | 174,596,000 | 175,029,000 | 176,857,000 | — |
Machine access — free, no API key
Every figure shown here about SOUTH COAST BANK & TRUST — 2024 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.