Call reports 2006
CAROLINA COMMERCE BANK — 2006
What CAROLINA COMMERCE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 65,235,000 | 72,431,000 | 85,072,000 | 100,541,000 |
| Total loans | 52,990,000 | 58,352,000 | 66,718,000 | 82,117,000 |
| Allowance for loan losses | 801,000 | 878,000 | 1,067,000 | 1,221,000 |
| Securities available for sale | 4,161,000 | 6,289,000 | 9,047,000 | 9,280,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,225,000 | 64,347,000 | 72,158,000 | 87,144,000 |
| Interest-bearing deposits | 50,552,000 | 60,488,000 | 67,586,000 | 81,951,000 |
| Noninterest-bearing deposits | 5,673,000 | 3,859,000 | 4,572,000 | 5,193,000 |
| Equity capital | 5,738,000 | 5,746,000 | 10,498,000 | 10,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 964,000 | 2,177,000 | 3,603,000 | 5,322,000 |
| Interest expense | 464,000 | 1,107,000 | 1,910,000 | 2,875,000 |
| Net interest income | 500,000 | 1,070,000 | 1,693,000 | 2,447,000 |
| Noninterest income | 38,000 | 114,000 | 199,000 | 299,000 |
| Noninterest expense | 440,000 | 994,000 | 1,535,000 | 2,107,000 |
| Provision for loan losses | 132,000 | 215,000 | 403,000 | 1,003,000 |
| Pretax income | -34,000 | -25,000 | -46,000 | -364,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -34,000 | -25,000 | -46,000 | -364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,833,000 | 5,842,000 | 10,549,000 | 10,229,000 |
| Total capital | 6,549,000 | 6,656,000 | 11,477,000 | 11,346,000 |
| Risk-weighted assets | 57,157,000 | 65,091,000 | 74,105,000 | 89,239,000 |