Call reports 2012
ATLANTIC COAST BANK — 2012
What ATLANTIC COAST BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 778,902,000 | 781,770,000 | 786,002,000 | 773,940,000 |
| Total loans | 559,815,000 | 527,120,000 | 526,433,000 | 504,658,000 |
| Allowance for loan losses | 13,516,000 | 12,339,000 | 12,729,000 | 10,889,000 |
| Securities available for sale | 131,911,000 | 146,382,000 | 155,368,000 | 159,746,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,503,000 | 503,801,000 | 509,260,000 | 501,235,000 |
| Interest-bearing deposits | 457,998,000 | 461,590,000 | 464,601,000 | 457,857,000 |
| Noninterest-bearing deposits | 42,505,000 | 42,211,000 | 44,659,000 | 43,378,000 |
| Equity capital | 45,348,000 | 44,322,000 | 43,245,000 | 40,417,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 8,762,000 | 17,396,000 | 25,614,000 | 33,535,000 |
| Interest expense | 3,773,000 | 7,296,000 | 10,797,000 | 14,284,000 |
| Net interest income | 4,989,000 | 10,100,000 | 14,817,000 | 19,251,000 |
| Noninterest income | 2,098,000 | 3,993,000 | 5,681,000 | 7,182,000 |
| Noninterest expense | 5,189,000 | 10,976,000 | 16,721,000 | 22,558,000 |
| Provision for loan losses | 3,475,000 | 7,216,000 | 10,745,000 | 12,491,000 |
| Pretax income | -1,577,000 | -4,099,000 | -5,920,000 | -6,206,000 |
| Income tax | 0 | 150,000 | 150,000 | 150,000 |
| Net income | -1,577,000 | -4,249,000 | -6,070,000 | -6,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,459,000 | 41,793,000 | 39,978,000 | 39,699,000 |
| Total capital | 50,164,000 | 47,337,000 | 45,482,000 | 45,589,000 |
| Risk-weighted assets | 448,600,000 | 438,694,000 | 433,075,000 | 466,163,000 |