Call reports 2015
BANK OF THE CAROLINAS — 2015
What BANK OF THE CAROLINAS reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Total assets | 363,457,000 | 345,464,000 |
| Total loans | 278,659,000 | 276,980,000 |
| Allowance for loan losses | 4,815,000 | 4,482,000 |
| Securities available for sale | 13,431,000 | 12,863,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 315,530,000 | 297,582,000 |
| Interest-bearing deposits | 274,448,000 | 255,146,000 |
| Noninterest-bearing deposits | 41,082,000 | 42,436,000 |
| Equity capital | 46,220,000 | 46,639,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Interest income | 3,312,000 | 6,562,000 |
| Interest expense | 347,000 | 636,000 |
| Net interest income | 2,965,000 | 5,926,000 |
| Noninterest income | 363,000 | 615,000 |
| Noninterest expense | 3,005,000 | 6,098,000 |
| Provision for loan losses | -402,000 | -831,000 |
| Pretax income | 943,000 | 1,492,000 |
| Income tax | 0 | 0 |
| Net income | 943,000 | 1,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Tier 1 capital | 46,038,000 | 46,587,000 |
| Total capital | 49,545,000 | 50,074,000 |
| Risk-weighted assets | 279,318,000 | 278,006,000 |