Call reports 2005
BANK OF THE CAROLINAS — 2005
What BANK OF THE CAROLINAS reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 310,049,000 | 346,054,000 | 370,268,000 | 390,188,000 |
| Total loans | 248,785,000 | 274,630,000 | 296,390,000 | 299,927,000 |
| Allowance for loan losses | 2,589,000 | 2,831,000 | 3,103,000 | 3,315,000 |
| Securities available for sale | 38,066,000 | 41,601,000 | 46,682,000 | 47,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,852,000 | 284,712,000 | 304,448,000 | 326,640,000 |
| Interest-bearing deposits | 224,992,000 | 262,216,000 | 277,879,000 | 300,509,000 |
| Noninterest-bearing deposits | 20,860,000 | 22,496,000 | 26,569,000 | 26,131,000 |
| Equity capital | 33,175,000 | 33,795,000 | 34,216,000 | 34,651,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,165,000 | 8,981,000 | 14,489,000 | 20,556,000 |
| Interest expense | 1,496,000 | 3,387,000 | 5,728,000 | 8,405,000 |
| Net interest income | 2,669,000 | 5,594,000 | 8,761,000 | 12,151,000 |
| Noninterest income | 268,000 | 599,000 | 936,000 | 1,305,000 |
| Noninterest expense | 2,013,000 | 4,146,000 | 6,363,000 | 8,796,000 |
| Provision for loan losses | 243,000 | 526,000 | 848,000 | 1,120,000 |
| Pretax income | 681,000 | 1,521,000 | 2,486,000 | 3,540,000 |
| Income tax | 231,000 | 520,000 | 847,000 | 1,207,000 |
| Net income | 450,000 | 1,001,000 | 1,639,000 | 2,333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,891,000 | 33,377,000 | 33,856,000 | 34,516,000 |
| Total capital | 35,480,000 | 36,208,000 | 36,959,000 | 37,831,000 |
| Risk-weighted assets | 254,898,000 | 279,191,000 | 305,905,000 | 312,841,000 |