Call reports 2006
BANK OF THE CAROLINAS — 2006
What BANK OF THE CAROLINAS reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 393,742,000 | 424,651,000 | 431,422,000 | 454,578,000 |
| Total loans | 310,615,000 | 333,777,000 | 338,651,000 | 354,555,000 |
| Allowance for loan losses | 3,410,000 | 3,504,000 | 3,802,000 | 3,732,000 |
| Securities available for sale | 54,690,000 | 54,031,000 | 56,277,000 | 55,677,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,422,000 | 350,046,000 | 364,124,000 | 382,931,000 |
| Interest-bearing deposits | 299,100,000 | 320,313,000 | 338,155,000 | 356,404,000 |
| Noninterest-bearing deposits | 33,322,000 | 29,732,000 | 25,969,000 | 26,528,000 |
| Equity capital | 35,251,000 | 35,798,000 | 36,916,000 | 37,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 6,421,000 | 13,560,000 | 21,313,000 | 29,276,000 |
| Interest expense | 2,946,000 | 6,314,000 | 10,254,000 | 14,612,000 |
| Net interest income | 3,475,000 | 7,246,000 | 11,059,000 | 14,664,000 |
| Noninterest income | 357,000 | 702,000 | 2,622,000 | 3,041,000 |
| Noninterest expense | 2,467,000 | 5,095,000 | 8,354,000 | 11,180,000 |
| Provision for loan losses | 117,000 | 297,000 | 975,000 | 1,157,000 |
| Pretax income | 1,248,000 | 2,556,000 | 4,352,000 | 5,368,000 |
| Income tax | 444,000 | 911,000 | 1,559,000 | 1,894,000 |
| Net income | 804,000 | 1,645,000 | 2,793,000 | 3,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,131,000 | 35,784,000 | 36,760,000 | 37,260,000 |
| Total capital | 38,541,000 | 39,288,000 | 40,562,000 | 40,992,000 |
| Risk-weighted assets | 321,605,000 | 345,455,000 | 351,687,000 | 371,094,000 |