Call reports 2024
COASTAL STATES BANK — 2024
What COASTAL STATES BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,049,528,000 | 2,113,953,000 | 2,128,515,000 | 2,097,070,000 |
| Total loans | 1,514,571,000 | 1,596,962,000 | 1,603,852,000 | 1,583,477,000 |
| Allowance for loan losses | 15,774,000 | 16,002,000 | 15,615,000 | 17,118,000 |
| Securities available for sale | 334,970,000 | 339,937,000 | 355,174,000 | 335,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,751,499,000 | 1,807,636,000 | 1,809,401,000 | 1,836,446,000 |
| Interest-bearing deposits | 1,428,115,000 | 1,460,730,000 | 1,495,026,000 | 1,531,895,000 |
| Noninterest-bearing deposits | 323,384,000 | 346,906,000 | 314,375,000 | 304,551,000 |
| Equity capital | 195,423,000 | 202,742,000 | 216,239,000 | 218,546,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 29,387,000 | 60,558,000 | 93,111,000 | 123,650,000 |
| Interest expense | 13,439,000 | 27,413,000 | 42,506,000 | 56,296,000 |
| Net interest income | 15,948,000 | 33,145,000 | 50,605,000 | 67,354,000 |
| Noninterest income | 1,439,000 | 3,004,000 | 5,951,000 | 7,903,000 |
| Noninterest expense | 10,241,000 | 20,856,000 | 31,674,000 | 41,972,000 |
| Provision for loan losses | 300,000 | 624,000 | 323,000 | 1,749,000 |
| Pretax income | 3,518,000 | 11,492,000 | 22,104,000 | 29,267,000 |
| Income tax | 689,000 | 2,396,000 | 4,763,000 | 5,844,000 |
| Net income | 2,829,000 | 9,096,000 | 17,341,000 | 23,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 203,979,000 | 210,706,000 | 219,397,000 | 225,890,000 |
| Total capital | 220,311,000 | 227,306,000 | 234,910,000 | 242,716,000 |
| Risk-weighted assets | 1,772,830,000 | 1,869,065,000 | 1,871,908,000 | 1,871,443,000 |