Call reports 2001
BANK OF THE CAROLINAS — 2001
What BANK OF THE CAROLINAS reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 93,136,000 | 93,561,000 | 98,714,000 | 152,051,000 |
| Total loans | 67,623,000 | 71,662,000 | 77,772,000 | 126,844,000 |
| Allowance for loan losses | 896,000 | 1,002,000 | 1,072,000 | 1,376,000 |
| Securities available for sale | 11,625,000 | 11,652,000 | 10,228,000 | 12,060,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,949,000 | 81,508,000 | 85,218,000 | 128,800,000 |
| Interest-bearing deposits | 76,127,000 | 75,522,000 | 78,907,000 | 121,381,000 |
| Noninterest-bearing deposits | 4,822,000 | 5,986,000 | 6,311,000 | 7,419,000 |
| Equity capital | 7,269,000 | 7,156,000 | 7,312,000 | 14,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,752,000 | 3,496,000 | 5,230,000 | 6,960,000 |
| Interest expense | 1,067,000 | 2,164,000 | 3,185,000 | 4,152,000 |
| Net interest income | 685,000 | 1,332,000 | 2,045,000 | 2,808,000 |
| Noninterest income | 55,000 | 133,000 | 214,000 | 330,000 |
| Noninterest expense | 700,000 | 1,384,000 | 2,059,000 | 2,823,000 |
| Provision for loan losses | 85,000 | 190,000 | 270,000 | 305,000 |
| Pretax income | -42,000 | -97,000 | -51,000 | 29,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -42,000 | -97,000 | -51,000 | 29,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,287,000 | 6,250,000 | 6,315,000 | 13,606,000 |
| Total capital | 7,152,000 | 7,161,000 | 7,293,000 | 14,982,000 |
| Risk-weighted assets | 69,237,000 | 72,756,000 | 78,152,000 | 122,340,000 |