Call reports 2002
BANK OF THE CAROLINAS — 2002
What BANK OF THE CAROLINAS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 159,850,000 | 169,903,000 | 186,535,000 | 194,491,000 |
| Total loans | 128,184,000 | 135,495,000 | 144,517,000 | 152,369,000 |
| Allowance for loan losses | 1,430,000 | 1,532,000 | 1,707,000 | 1,843,000 |
| Securities available for sale | 16,272,000 | 23,761,000 | 29,839,000 | 30,895,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,262,000 | 150,581,000 | 158,272,000 | 159,777,000 |
| Interest-bearing deposits | 131,615,000 | 141,081,000 | 148,519,000 | 148,755,000 |
| Noninterest-bearing deposits | 9,647,000 | 9,500,000 | 9,753,000 | 11,022,000 |
| Equity capital | 14,314,000 | 14,916,000 | 15,613,000 | 15,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,497,000 | 5,036,000 | 7,816,000 | 10,641,000 |
| Interest expense | 1,156,000 | 2,232,000 | 3,429,000 | 4,616,000 |
| Net interest income | 1,341,000 | 2,804,000 | 4,387,000 | 6,025,000 |
| Noninterest income | 154,000 | 303,000 | 514,000 | 720,000 |
| Noninterest expense | 1,098,000 | 2,294,000 | 3,556,000 | 4,847,000 |
| Provision for loan losses | 95,000 | 203,000 | 387,000 | 610,000 |
| Pretax income | 302,000 | 610,000 | 1,001,000 | 1,331,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 302,000 | 610,000 | 1,001,000 | 1,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,673,000 | 14,006,000 | 14,464,000 | 14,815,000 |
| Total capital | 15,103,000 | 15,538,000 | 16,171,000 | 16,658,000 |
| Risk-weighted assets | 123,361,000 | 141,493,000 | 150,306,000 | 159,668,000 |