Call reports 2023
COASTAL STATES BANK — 2023
What COASTAL STATES BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,020,823,000 | 1,961,257,000 | 1,996,106,000 | 2,024,175,000 |
| Total loans | 1,388,646,000 | 1,434,279,000 | 1,476,102,000 | 1,500,550,000 |
| Allowance for loan losses | 14,029,000 | 15,008,000 | 15,352,000 | 15,465,000 |
| Securities available for sale | 351,104,000 | 344,430,000 | 339,516,000 | 354,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,736,515,000 | 1,762,532,000 | 1,792,233,000 | 1,753,341,000 |
| Interest-bearing deposits | 1,356,520,000 | 1,404,927,000 | 1,450,678,000 | 1,425,257,000 |
| Noninterest-bearing deposits | 379,995,000 | 357,605,000 | 341,555,000 | 328,084,000 |
| Equity capital | 159,935,000 | 166,344,000 | 168,444,000 | 190,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 23,251,000 | 50,175,000 | 77,671,000 | 107,017,000 |
| Interest expense | 7,118,000 | 17,060,000 | 28,125,000 | 40,274,000 |
| Net interest income | 16,133,000 | 33,115,000 | 49,546,000 | 66,743,000 |
| Noninterest income | 3,052,000 | 4,305,000 | 5,552,000 | 9,152,000 |
| Noninterest expense | 9,013,000 | 18,198,000 | 28,139,000 | 39,831,000 |
| Provision for loan losses | 518,000 | 1,515,000 | 1,972,000 | 2,146,000 |
| Pretax income | 9,445,000 | 17,575,000 | 24,465,000 | 34,004,000 |
| Income tax | 2,237,000 | 4,108,000 | 5,746,000 | 7,668,000 |
| Net income | 7,208,000 | 13,467,000 | 18,719,000 | 26,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,067,000 | 181,821,000 | 187,617,000 | 200,333,000 |
| Total capital | 188,114,000 | 196,054,000 | 202,637,000 | 215,009,000 |
| Risk-weighted assets | 1,635,079,000 | 1,654,479,000 | 1,700,491,000 | 1,739,219,000 |