Call reports 2003
FIRST COASTAL BANK, NATIONAL ASSOCIATION — 2003
What FIRST COASTAL BANK, NATIONAL ASSOCIATION 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 | 147,318,000 | 154,587,000 | 183,759,000 | 209,471,000 |
| Total loans | 118,871,000 | 112,791,000 | 111,118,000 | 127,107,000 |
| Allowance for loan losses | 1,236,000 | 1,139,000 | 1,137,000 | 1,274,000 |
| Securities available for sale | 14,171,000 | 27,900,000 | 57,682,000 | 65,856,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,188,000 | 135,850,000 | 151,992,000 | 147,015,000 |
| Interest-bearing deposits | 92,070,000 | 94,772,000 | 103,151,000 | 100,134,000 |
| Noninterest-bearing deposits | 35,118,000 | 41,078,000 | 48,841,000 | 46,881,000 |
| Equity capital | 15,467,000 | 18,229,000 | 18,142,000 | 17,904,000 |
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 | 2,126,000 | 4,235,000 | 6,304,000 | 8,634,000 |
| Interest expense | 328,000 | 624,000 | 928,000 | 1,280,000 |
| Net interest income | 1,798,000 | 3,611,000 | 5,376,000 | 7,354,000 |
| Noninterest income | 200,000 | 407,000 | 628,000 | 881,000 |
| Noninterest expense | 1,557,000 | 3,081,000 | 4,627,000 | 6,234,000 |
| Provision for loan losses | 15,000 | 55,000 | 85,000 | 215,000 |
| Pretax income | 426,000 | 882,000 | 1,292,000 | 1,786,000 |
| Income tax | 167,000 | 347,000 | 508,000 | 704,000 |
| Net income | 259,000 | 535,000 | 784,000 | 1,082,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,874,000 | 13,638,000 | 13,519,000 | 13,225,000 |
| Total capital | 12,110,000 | 14,777,000 | 14,656,000 | 14,499,000 |
| Risk-weighted assets | 116,425,000 | 116,178,000 | 126,921,000 | 144,169,000 |