Call reports 2008
COASTAL COMMUNITY BANK — 2008
What COASTAL COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 363,579,000 | 368,343,000 | 357,732,000 | 360,589,000 |
| Total loans | 284,029,000 | 288,395,000 | 296,999,000 | 296,318,000 |
| Allowance for loan losses | 2,880,000 | 3,387,000 | 3,152,000 | 3,210,000 |
| Securities available for sale | 22,329,000 | 29,894,000 | 22,349,000 | 22,960,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,818,000 | 299,285,000 | 301,056,000 | 304,144,000 |
| Interest-bearing deposits | 272,338,000 | 272,668,000 | 281,486,000 | 284,171,000 |
| Noninterest-bearing deposits | 21,480,000 | 26,617,000 | 19,570,000 | 19,973,000 |
| Equity capital | 29,345,000 | 28,344,000 | 28,037,000 | 29,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,141,000 | 12,108,000 | 17,761,000 | 23,330,000 |
| Interest expense | 3,305,000 | 6,238,000 | 9,015,000 | 11,632,000 |
| Net interest income | 2,836,000 | 5,870,000 | 8,746,000 | 11,698,000 |
| Noninterest income | 604,000 | 1,290,000 | 90,000 | 1,854,000 |
| Noninterest expense | 2,934,000 | 5,971,000 | 8,912,000 | 12,431,000 |
| Provision for loan losses | 1,100,000 | 2,200,000 | 2,692,000 | 3,892,000 |
| Pretax income | -594,000 | -978,000 | -2,735,000 | -2,738,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -594,000 | -978,000 | -2,735,000 | -2,738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,657,000 | 25,722,000 | 25,197,000 | 25,341,000 |
| Total capital | 28,537,000 | 29,109,000 | 28,349,000 | 28,551,000 |
| Risk-weighted assets | 275,329,000 | 278,267,000 | 297,856,000 | 297,347,000 |