Call reports 2008
COASTAL BANK OF GEORGIA, THE — 2008
What COASTAL BANK OF GEORGIA, THE 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 | 611,030,000 | 621,250,000 | 624,705,000 | 633,529,000 |
| Total loans | 496,605,000 | 509,955,000 | 514,572,000 | 520,750,000 |
| Allowance for loan losses | 5,459,000 | 9,129,000 | 7,435,000 | 8,378,000 |
| Securities available for sale | 91,677,000 | 91,347,000 | 88,728,000 | 82,544,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 436,582,000 | 434,906,000 | 470,345,000 | 480,614,000 |
| Interest-bearing deposits | 423,698,000 | 422,427,000 | 458,467,000 | 442,856,000 |
| Noninterest-bearing deposits | 12,884,000 | 12,479,000 | 11,878,000 | 37,758,000 |
| Equity capital | 53,783,000 | 49,981,000 | 50,026,000 | 49,711,000 |
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 | 9,597,000 | 18,353,000 | 27,095,000 | 35,206,000 |
| Interest expense | 4,625,000 | 8,468,000 | 12,183,000 | 15,767,000 |
| Net interest income | 4,972,000 | 9,885,000 | 14,912,000 | 19,439,000 |
| Noninterest income | 481,000 | 806,000 | 1,172,000 | 1,665,000 |
| Noninterest expense | 2,607,000 | 5,334,000 | 7,816,000 | 10,299,000 |
| Provision for loan losses | 54,000 | 4,144,000 | 4,164,000 | 7,467,000 |
| Pretax income | 2,792,000 | 1,213,000 | 4,104,000 | 3,338,000 |
| Income tax | 1,045,000 | 396,000 | 1,482,000 | 1,152,000 |
| Net income | 1,747,000 | 817,000 | 2,622,000 | 2,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,709,000 | 49,190,000 | 49,360,000 | 47,318,000 |
| Total capital | 57,168,000 | 55,910,000 | 55,929,000 | 53,805,000 |
| Risk-weighted assets | 529,454,000 | 535,109,000 | 524,599,000 | 517,165,000 |