Call reports 2003
CAROLINA TRUST BANK — 2003
What CAROLINA TRUST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 55,441,000 | 59,877,000 | 61,728,000 | 64,614,000 |
| Total loans | 44,807,000 | 48,475,000 | 52,571,000 | 56,213,000 |
| Allowance for loan losses | 526,000 | 568,000 | 615,000 | 675,000 |
| Securities available for sale | 445,000 | 878,000 | 1,753,000 | 3,703,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,635,000 | 53,152,000 | 55,065,000 | 57,967,000 |
| Interest-bearing deposits | 42,227,000 | 46,475,000 | 48,651,000 | 51,877,000 |
| Noninterest-bearing deposits | 6,408,000 | 6,677,000 | 6,414,000 | 6,090,000 |
| Equity capital | 5,968,000 | 5,910,000 | 5,849,000 | 5,830,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 664,000 | 1,414,000 | 2,245,000 | 3,113,000 |
| Interest expense | 256,000 | 536,000 | 826,000 | 1,130,000 |
| Net interest income | 408,000 | 878,000 | 1,419,000 | 1,983,000 |
| Noninterest income | 103,000 | 228,000 | 356,000 | 468,000 |
| Noninterest expense | 535,000 | 1,148,000 | 1,756,000 | 2,389,000 |
| Provision for loan losses | 59,000 | 99,000 | 202,000 | 267,000 |
| Pretax income | -83,000 | -141,000 | -183,000 | -205,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -83,000 | -141,000 | -183,000 | -205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,725,000 | 5,667,000 | 5,624,000 | 5,602,000 |
| Total capital | 6,251,000 | 6,236,000 | 6,239,000 | 6,277,000 |
| Risk-weighted assets | 45,489,000 | 49,156,000 | 52,148,000 | 55,240,000 |