Call reports 2016
CAROLINA TRUST BANK — 2016
What CAROLINA TRUST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 372,746,000 | 373,955,000 | 372,163,000 | 374,906,000 |
| Total loans | 297,746,000 | 293,157,000 | 301,420,000 | 308,492,000 |
| Allowance for loan losses | 3,521,000 | 3,541,000 | 3,687,000 | 3,393,000 |
| Securities available for sale | 32,853,000 | 26,954,000 | 26,923,000 | 27,063,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,689,000 | 323,418,000 | 323,085,000 | 319,445,000 |
| Interest-bearing deposits | 282,718,000 | 283,799,000 | 282,071,000 | 280,072,000 |
| Noninterest-bearing deposits | 37,971,000 | 39,619,000 | 41,014,000 | 39,373,000 |
| Equity capital | 31,043,000 | 31,768,000 | 31,644,000 | 37,897,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,027,000 | 8,110,000 | 12,076,000 | 16,222,000 |
| Interest expense | 638,000 | 1,342,000 | 2,034,000 | 2,706,000 |
| Net interest income | 3,389,000 | 6,768,000 | 10,042,000 | 13,516,000 |
| Noninterest income | 182,000 | 436,000 | 600,000 | 792,000 |
| Noninterest expense | 3,001,000 | 5,911,000 | 8,861,000 | 11,843,000 |
| Provision for loan losses | -80,000 | -80,000 | 122,000 | -27,000 |
| Pretax income | 650,000 | 1,373,000 | 1,714,000 | 2,547,000 |
| Income tax | 233,000 | 499,000 | 697,000 | 997,000 |
| Net income | 417,000 | 874,000 | 1,017,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,735,000 | 29,828,000 | 29,682,000 | 36,636,000 |
| Total capital | 32,277,000 | 33,390,000 | 33,389,000 | 40,045,000 |
| Risk-weighted assets | 313,441,000 | 303,578,000 | 312,380,000 | 321,287,000 |