Call reports 2018
ATLANTIC COAST BANK — 2018
What ATLANTIC COAST BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 |
|---|---|
| Total assets | 929,742,000 |
| Total loans | 801,093,000 |
| Allowance for loan losses | 8,600,000 |
| Securities available for sale | 36,182,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 643,001,000 |
| Interest-bearing deposits | 570,657,000 |
| Noninterest-bearing deposits | 72,344,000 |
| Equity capital | 91,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 |
|---|---|
| Interest income | 9,252,000 |
| Interest expense | 2,125,000 |
| Net interest income | 7,127,000 |
| Noninterest income | 1,255,000 |
| Noninterest expense | 6,067,000 |
| Provision for loan losses | 168,000 |
| Pretax income | 2,147,000 |
| Income tax | 538,000 |
| Net income | 1,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 |
|---|---|
| Tier 1 capital | 91,420,000 |
| Total capital | 100,020,000 |
| Risk-weighted assets | 738,502,000 |