Call reports 2004
CAROLINA TRUST BANK — 2004
What CAROLINA TRUST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,442,000 | 71,326,000 | 73,813,000 | 83,017,000 |
| Total loans | 59,590,000 | 60,844,000 | 65,900,000 | 70,050,000 |
| Allowance for loan losses | 723,000 | 761,000 | 817,000 | 858,000 |
| Securities available for sale | 3,640,000 | 4,234,000 | 3,992,000 | 4,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,631,000 | 63,571,000 | 65,893,000 | 69,143,000 |
| Interest-bearing deposits | 54,964,000 | 56,024,000 | 58,289,000 | 62,358,000 |
| Noninterest-bearing deposits | 6,667,000 | 7,547,000 | 7,604,000 | 6,785,000 |
| Equity capital | 5,888,000 | 5,932,000 | 6,099,000 | 11,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 937,000 | 1,875,000 | 2,921,000 | 4,083,000 |
| Interest expense | 312,000 | 627,000 | 960,000 | 1,328,000 |
| Net interest income | 625,000 | 1,248,000 | 1,961,000 | 2,755,000 |
| Noninterest income | 122,000 | 266,000 | 388,000 | 551,000 |
| Noninterest expense | 663,000 | 1,331,000 | 1,978,000 | 2,766,000 |
| Provision for loan losses | 48,000 | 78,000 | 144,000 | 194,000 |
| Pretax income | 36,000 | 105,000 | 227,000 | 346,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 36,000 | 105,000 | 227,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,638,000 | 5,744,000 | 5,873,000 | 11,756,000 |
| Total capital | 6,361,000 | 6,488,000 | 6,661,000 | 12,605,000 |
| Risk-weighted assets | 58,284,000 | 59,469,000 | 63,017,000 | 67,887,000 |