Call reports 2007
CAROLINA COMMERCE BANK — 2007
What CAROLINA COMMERCE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 100,744,000 | 101,652,000 | 94,941,000 | 88,794,000 |
| Total loans | 85,407,000 | 86,074,000 | 79,878,000 | 71,924,000 |
| Allowance for loan losses | 1,300,000 | 1,470,000 | 1,515,000 | 1,587,000 |
| Securities available for sale | 8,542,000 | 8,107,000 | 7,390,000 | 8,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,060,000 | 83,944,000 | 81,249,000 | 75,445,000 |
| Interest-bearing deposits | 80,230,000 | 78,731,000 | 76,415,000 | 70,834,000 |
| Noninterest-bearing deposits | 5,830,000 | 5,213,000 | 4,834,000 | 4,611,000 |
| Equity capital | 10,445,000 | 10,491,000 | 10,746,000 | 10,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,896,000 | 3,808,000 | 5,874,000 | 7,667,000 |
| Interest expense | 1,057,000 | 2,121,000 | 3,163,000 | 4,070,000 |
| Net interest income | 839,000 | 1,687,000 | 2,711,000 | 3,597,000 |
| Noninterest income | 91,000 | 172,000 | 228,000 | 277,000 |
| Noninterest expense | 666,000 | 1,240,000 | 2,031,000 | 3,047,000 |
| Provision for loan losses | 79,000 | 252,000 | 328,000 | 413,000 |
| Pretax income | 185,000 | 367,000 | 580,000 | 414,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 185,000 | 367,000 | 580,000 | 414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,421,000 | 10,604,000 | 10,817,000 | 10,824,000 |
| Total capital | 11,521,000 | 11,744,000 | 11,906,000 | 11,777,000 |
| Risk-weighted assets | 87,769,000 | 90,843,000 | 86,725,000 | 75,616,000 |