Call reports 2002
CAROLINA TRUST BANK — 2002
What CAROLINA TRUST BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 29,604,000 | 34,196,000 | 40,500,000 | 45,522,000 |
| Total loans | 21,668,000 | 26,442,000 | 32,746,000 | 38,162,000 |
| Allowance for loan losses | 270,000 | 331,000 | 409,000 | 458,000 |
| Securities available for sale | 996,000 | 502,000 | 506,000 | 483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,438,000 | 27,195,000 | 33,572,000 | 38,665,000 |
| Interest-bearing deposits | 19,454,000 | 22,809,000 | 29,123,000 | 34,211,000 |
| Noninterest-bearing deposits | 2,984,000 | 4,386,000 | 4,449,000 | 4,454,000 |
| Equity capital | 6,305,000 | 6,230,000 | 6,144,000 | 6,050,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 395,000 | 844,000 | 1,387,000 | 1,986,000 |
| Interest expense | 153,000 | 318,000 | 515,000 | 751,000 |
| Net interest income | 242,000 | 526,000 | 872,000 | 1,235,000 |
| Noninterest income | 39,000 | 106,000 | 177,000 | 272,000 |
| Noninterest expense | 332,000 | 701,000 | 1,130,000 | 1,604,000 |
| Provision for loan losses | 30,000 | 91,000 | 169,000 | 249,000 |
| Pretax income | -81,000 | -160,000 | -250,000 | -346,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -81,000 | -160,000 | -250,000 | -346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,307,000 | 6,229,000 | 6,143,000 | 6,048,000 |
| Total capital | 6,577,000 | 6,549,000 | 6,527,000 | 6,500,000 |
| Risk-weighted assets | 21,714,000 | 25,606,000 | 30,728,000 | 36,128,000 |