Call reports 2008
CAROLINA TRUST BANK — 2008
What CAROLINA TRUST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 144,050,000 | 149,663,000 | 153,781,000 | 160,427,000 |
| Total loans | 129,672,000 | 136,626,000 | 140,208,000 | 144,920,000 |
| Allowance for loan losses | 1,465,000 | 1,517,000 | 1,640,000 | 2,448,000 |
| Securities available for sale | 4,474,000 | 3,138,000 | 3,787,000 | 5,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,447,000 | 117,854,000 | 122,608,000 | 126,345,000 |
| Interest-bearing deposits | 101,601,000 | 107,572,000 | 111,795,000 | 117,682,000 |
| Noninterest-bearing deposits | 10,845,000 | 10,282,000 | 10,813,000 | 8,663,000 |
| Equity capital | 16,655,000 | 16,746,000 | 16,784,000 | 16,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,352,000 | 4,610,000 | 6,915,000 | 9,112,000 |
| Interest expense | 1,101,000 | 2,160,000 | 3,235,000 | 4,332,000 |
| Net interest income | 1,251,000 | 2,450,000 | 3,680,000 | 4,780,000 |
| Noninterest income | 211,000 | 421,000 | 625,000 | 825,000 |
| Noninterest expense | 1,252,000 | 2,570,000 | 3,888,000 | 5,435,000 |
| Provision for loan losses | 84,000 | 169,000 | 294,000 | 1,154,000 |
| Pretax income | 126,000 | 132,000 | 123,000 | -984,000 |
| Income tax | 38,000 | 29,000 | 16,000 | -412,000 |
| Net income | 88,000 | 103,000 | 107,000 | -572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,402,000 | 16,500,000 | 16,549,000 | 16,156,000 |
| Total capital | 17,867,000 | 18,017,000 | 18,189,000 | 18,103,000 |
| Risk-weighted assets | 138,559,000 | 145,437,000 | 150,209,000 | 155,224,000 |