Call reports 2007
BANK OF THE CAROLINAS — 2007
What BANK OF THE CAROLINAS reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 472,843,000 | 455,531,000 | 478,896,000 | 505,998,000 |
| Total loans | 356,948,000 | 355,750,000 | 376,560,000 | 395,052,000 |
| Allowance for loan losses | 3,735,000 | 3,425,000 | 3,778,000 | 4,245,000 |
| Securities available for sale | 58,452,000 | 63,242,000 | 62,675,000 | 60,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,461,000 | 387,290,000 | 410,646,000 | 422,149,000 |
| Interest-bearing deposits | 377,613,000 | 356,380,000 | 379,102,000 | 392,092,000 |
| Noninterest-bearing deposits | 29,848,000 | 30,910,000 | 31,544,000 | 30,057,000 |
| Equity capital | 38,391,000 | 37,267,000 | 38,311,000 | 40,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 8,104,000 | 16,274,000 | 24,714,000 | 33,105,000 |
| Interest expense | 4,535,000 | 9,149,000 | 13,777,000 | 18,500,000 |
| Net interest income | 3,569,000 | 7,125,000 | 10,937,000 | 14,605,000 |
| Noninterest income | 416,000 | 888,000 | 1,448,000 | 2,002,000 |
| Noninterest expense | 2,774,000 | 5,554,000 | 8,528,000 | 12,423,000 |
| Provision for loan losses | 62,000 | 474,000 | 1,020,000 | 1,470,000 |
| Pretax income | 1,149,000 | 1,985,000 | 2,837,000 | 2,714,000 |
| Income tax | 369,000 | 613,000 | 860,000 | 714,000 |
| Net income | 780,000 | 1,372,000 | 1,977,000 | 2,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,868,000 | 37,034,000 | 37,673,000 | 39,179,000 |
| Total capital | 41,603,000 | 40,459,000 | 41,451,000 | 43,424,000 |
| Risk-weighted assets | 379,513,000 | 377,699,000 | 403,814,000 | 425,374,000 |