Call reports 2015
ATLANTIC COAST BANK — 2015
What ATLANTIC COAST BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 745,404,000 | 809,051,000 | 816,446,000 | 856,211,000 |
| Total loans | 552,771,000 | 590,746,000 | 602,593,000 | 661,917,000 |
| Allowance for loan losses | 7,150,000 | 7,400,000 | 7,630,000 | 7,745,000 |
| Securities available for sale | 115,892,000 | 110,285,000 | 107,551,000 | 120,110,000 |
| Securities held to maturity | 17,517,000 | 17,054,000 | 16,532,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,682,000 | 503,644,000 | 499,070,000 | 558,519,000 |
| Interest-bearing deposits | 402,476,000 | 453,188,000 | 445,390,000 | 508,613,000 |
| Noninterest-bearing deposits | 50,206,000 | 50,456,000 | 53,680,000 | 49,906,000 |
| Equity capital | 72,900,000 | 74,612,000 | 76,588,000 | 77,334,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 6,871,000 | 14,293,000 | 21,990,000 | 29,796,000 |
| Interest expense | 2,451,000 | 4,888,000 | 6,761,000 | 8,686,000 |
| Net interest income | 4,420,000 | 9,405,000 | 15,229,000 | 21,110,000 |
| Noninterest income | 1,768,000 | 3,337,000 | 5,128,000 | 6,196,000 |
| Noninterest expense | 5,563,000 | 16,782,000 | 22,691,000 | 28,330,000 |
| Provision for loan losses | 197,000 | 387,000 | 582,000 | 808,000 |
| Pretax income | 419,000 | -4,436,000 | -2,925,000 | -1,841,000 |
| Income tax | 45,000 | -7,713,000 | -7,212,000 | -6,875,000 |
| Net income | 374,000 | 3,277,000 | 4,287,000 | 5,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,906,000 | 74,129,000 | 75,389,000 | 76,655,000 |
| Total capital | 80,239,000 | 81,029,000 | 82,393,000 | 84,237,000 |
| Risk-weighted assets | 505,863,000 | 549,887,000 | 558,289,000 | 605,282,000 |