Call reports 2016
ATLANTIC COAST BANK — 2016
What ATLANTIC COAST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 891,789,000 | 919,275,000 | 936,267,000 | 908,000,000 |
| Total loans | 729,233,000 | 766,649,000 | 782,463,000 | 735,132,000 |
| Allowance for loan losses | 7,774,000 | 8,030,000 | 8,150,000 | 8,162,000 |
| Securities available for sale | 81,446,000 | 78,677,000 | 49,003,000 | 65,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 554,018,000 | 573,308,000 | 620,311,000 | 630,496,000 |
| Interest-bearing deposits | 498,502,000 | 515,826,000 | 560,889,000 | 568,717,000 |
| Noninterest-bearing deposits | 55,516,000 | 57,482,000 | 59,422,000 | 61,779,000 |
| Equity capital | 79,424,000 | 81,119,000 | 82,837,000 | 85,842,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,197,000 | 16,702,000 | 25,181,000 | 33,888,000 |
| Interest expense | 2,108,000 | 4,210,000 | 5,828,000 | 7,417,000 |
| Net interest income | 6,089,000 | 12,492,000 | 19,353,000 | 26,471,000 |
| Noninterest income | 1,719,000 | 4,000,000 | 5,698,000 | 7,565,000 |
| Noninterest expense | 6,019,000 | 12,249,000 | 18,536,000 | 24,346,000 |
| Provision for loan losses | 150,000 | 349,000 | 569,000 | 619,000 |
| Pretax income | 2,467,000 | 4,722,000 | 7,267,000 | 10,392,000 |
| Income tax | 915,000 | 1,752,000 | 2,696,000 | 1,590,000 |
| Net income | 1,552,000 | 2,970,000 | 4,571,000 | 8,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,853,000 | 80,727,000 | 82,305,000 | 84,984,000 |
| Total capital | 86,627,000 | 88,757,000 | 90,455,000 | 92,822,000 |
| Risk-weighted assets | 662,247,000 | 710,901,000 | 673,839,000 | 625,799,000 |