Call reports 2009
CAROLINA COMMERCE BANK — 2009
What CAROLINA COMMERCE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Total assets | 103,533,000 | 102,749,000 | 99,724,000 |
| Total loans | 76,342,000 | 75,915,000 | 76,642,000 |
| Allowance for loan losses | 1,238,000 | 1,203,000 | 1,477,000 |
| Securities available for sale | 17,933,000 | 16,443,000 | 15,753,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 85,556,000 | 90,893,000 | 87,129,000 |
| Interest-bearing deposits | 81,920,000 | 86,503,000 | 82,941,000 |
| Noninterest-bearing deposits | 3,636,000 | 4,390,000 | 4,188,000 |
| Equity capital | 9,822,000 | 8,412,000 | 8,226,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Interest income | 1,341,000 | 2,622,000 | 3,839,000 |
| Interest expense | 692,000 | 1,320,000 | 1,902,000 |
| Net interest income | 649,000 | 1,302,000 | 1,937,000 |
| Noninterest income | 16,000 | -84,000 | -399,000 |
| Noninterest expense | 794,000 | 1,978,000 | 2,292,000 |
| Provision for loan losses | 305,000 | 540,000 | 852,000 |
| Pretax income | -434,000 | -1,800,000 | -2,106,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -434,000 | -1,800,000 | -2,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Tier 1 capital | 9,417,000 | 8,056,000 | 7,753,000 |
| Total capital | 10,429,000 | 9,050,000 | 8,753,000 |
| Risk-weighted assets | 80,703,000 | 79,253,000 | 79,477,000 |