Call reports 2009
BANK OF THE CAROLINAS — 2009
What BANK OF THE CAROLINAS reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 600,075,000 | 617,015,000 | 663,435,000 | 609,862,000 |
| Total loans | 406,449,000 | 405,364,000 | 391,592,000 | 391,265,000 |
| Allowance for loan losses | 6,969,000 | 6,714,000 | 6,197,000 | 8,167,000 |
| Securities available for sale | 136,858,000 | 127,626,000 | 161,233,000 | 136,110,000 |
| Securities held to maturity | 4,362,000 | 4,371,000 | 4,381,000 | 3,894,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 485,407,000 | 495,741,000 | 549,100,000 | 495,889,000 |
| Interest-bearing deposits | 453,834,000 | 465,815,000 | 510,961,000 | 459,471,000 |
| Noninterest-bearing deposits | 31,573,000 | 29,925,000 | 38,139,000 | 36,418,000 |
| Equity capital | 43,323,000 | 50,231,000 | 51,479,000 | 50,455,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 7,536,000 | 14,970,000 | 22,499,000 | 29,621,000 |
| Interest expense | 4,265,000 | 8,652,000 | 12,033,000 | 14,723,000 |
| Net interest income | 3,271,000 | 6,318,000 | 10,466,000 | 14,898,000 |
| Noninterest income | 306,000 | 472,000 | 888,000 | 1,767,000 |
| Noninterest expense | 3,729,000 | 8,477,000 | 12,246,000 | 17,412,000 |
| Provision for loan losses | 700,000 | 1,420,000 | 2,467,000 | 5,547,000 |
| Pretax income | -852,000 | -3,012,000 | -2,018,000 | -4,764,000 |
| Income tax | -274,000 | -1,033,000 | -874,000 | -1,861,000 |
| Net income | -578,000 | -1,979,000 | -1,144,000 | -2,903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,687,000 | 47,544,000 | 50,121,000 | 47,066,000 |
| Total capital | 47,246,000 | 53,155,000 | 55,832,000 | 52,887,000 |
| Risk-weighted assets | 447,748,000 | 458,721,000 | 460,431,000 | 470,125,000 |