Call reports 2014
BANK OF THE CAROLINAS — 2014
What BANK OF THE CAROLINAS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 427,914,000 | 427,727,000 | 396,352,000 | 385,554,000 |
| Total loans | 277,869,000 | 279,437,000 | 281,696,000 | 278,610,000 |
| Allowance for loan losses | 7,111,000 | 5,153,000 | 5,183,000 | 5,126,000 |
| Securities available for sale | 89,558,000 | 88,335,000 | 40,997,000 | 40,348,000 |
| Securities held to maturity | 1,000,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,147,000 | 367,497,000 | 350,238,000 | 338,515,000 |
| Interest-bearing deposits | 336,203,000 | 332,782,000 | 315,306,000 | 300,887,000 |
| Noninterest-bearing deposits | 33,944,000 | 34,715,000 | 34,932,000 | 37,628,000 |
| Equity capital | 10,178,000 | 13,044,000 | 44,194,000 | 45,258,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,754,000 | 7,546,000 | 11,158,000 | 14,676,000 |
| Interest expense | 1,013,000 | 2,030,000 | 2,634,000 | 3,050,000 |
| Net interest income | 2,741,000 | 5,516,000 | 8,524,000 | 11,626,000 |
| Noninterest income | 384,000 | 764,000 | 1,146,000 | 1,522,000 |
| Noninterest expense | 3,510,000 | 6,989,000 | 14,702,000 | 17,785,000 |
| Provision for loan losses | 1,062,000 | -225,000 | -760,000 | -967,000 |
| Pretax income | -1,447,000 | -484,000 | -5,547,000 | -4,945,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,447,000 | -484,000 | -5,547,000 | -4,945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,794,000 | 14,757,000 | 44,494,000 | 45,095,000 |
| Total capital | 17,748,000 | 18,694,000 | 48,356,000 | 48,894,000 |
| Risk-weighted assets | 313,183,000 | 313,704,000 | 307,632,000 | 302,604,000 |