Call reports 2013
BANK OF THE CAROLINAS — 2013
What BANK OF THE CAROLINAS reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 432,011,000 | 428,803,000 | 427,767,000 | 423,494,000 |
| Total loans | 268,970,000 | 269,497,000 | 278,503,000 | 278,510,000 |
| Allowance for loan losses | 6,498,000 | 6,398,000 | 6,215,000 | 6,015,000 |
| Securities available for sale | 98,666,000 | 92,202,000 | 91,891,000 | 89,315,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,902,000 | 366,744,000 | 366,131,000 | 366,587,000 |
| Interest-bearing deposits | 332,691,000 | 333,391,000 | 330,808,000 | 331,344,000 |
| Noninterest-bearing deposits | 34,211,000 | 33,353,000 | 35,323,000 | 35,243,000 |
| Equity capital | 17,147,000 | 14,193,000 | 14,258,000 | 9,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,819,000 | 7,565,000 | 11,365,000 | 15,208,000 |
| Interest expense | 1,108,000 | 2,179,000 | 3,236,000 | 4,274,000 |
| Net interest income | 2,711,000 | 5,386,000 | 8,129,000 | 10,934,000 |
| Noninterest income | 369,000 | 742,000 | 1,118,000 | 1,516,000 |
| Noninterest expense | 3,710,000 | 7,413,000 | 10,984,000 | 14,587,000 |
| Provision for loan losses | -1,146,000 | -1,158,000 | -2,078,000 | -2,039,000 |
| Pretax income | 516,000 | -127,000 | 341,000 | -98,000 |
| Income tax | 0 | 0 | 0 | 942,000 |
| Net income | 516,000 | -127,000 | 341,000 | -1,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,044,000 | 13,954,000 | 14,170,000 | 15,240,000 |
| Total capital | 19,952,000 | 17,852,000 | 18,132,000 | 19,175,000 |
| Risk-weighted assets | 310,077,000 | 308,959,000 | 314,370,000 | 312,641,000 |