Call reports 2012
BANK OF THE CAROLINAS — 2012
What BANK OF THE CAROLINAS reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 479,549,000 | 473,408,000 | 448,090,000 | 437,225,000 |
| Total loans | 296,092,000 | 285,186,000 | 280,671,000 | 270,374,000 |
| Allowance for loan losses | 8,048,000 | 7,541,000 | 7,450,000 | 6,890,000 |
| Securities available for sale | 101,708,000 | 103,628,000 | 119,399,000 | 104,936,000 |
| Securities held to maturity | 1,974,000 | 1,981,000 | 1,988,000 | 1,995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 413,493,000 | 407,926,000 | 384,981,000 | 373,424,000 |
| Interest-bearing deposits | 377,406,000 | 369,440,000 | 350,225,000 | 336,803,000 |
| Noninterest-bearing deposits | 36,087,000 | 38,486,000 | 34,756,000 | 36,621,000 |
| Equity capital | 19,089,000 | 18,566,000 | 16,302,000 | 16,864,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 4,540,000 | 8,700,000 | 13,007,000 | 17,049,000 |
| Interest expense | 1,391,000 | 2,734,000 | 4,012,000 | 5,203,000 |
| Net interest income | 3,149,000 | 5,966,000 | 8,995,000 | 11,846,000 |
| Noninterest income | 295,000 | 1,229,000 | 1,473,000 | 1,863,000 |
| Noninterest expense | 4,921,000 | 9,258,000 | 14,320,000 | 17,771,000 |
| Provision for loan losses | 1,292,000 | 1,525,000 | 2,996,000 | 2,359,000 |
| Pretax income | -2,021,000 | -1,441,000 | -4,701,000 | -4,231,000 |
| Income tax | 367,000 | 792,000 | 409,000 | 0 |
| Net income | -2,388,000 | -2,233,000 | -5,110,000 | -4,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,123,000 | 18,278,000 | 15,402,000 | 15,674,000 |
| Total capital | 22,547,000 | 22,576,000 | 19,518,000 | 19,640,000 |
| Risk-weighted assets | 349,754,000 | 340,596,000 | 325,920,000 | 314,367,000 |