Call reports 2003
CAROLINA BANK — 2003
What CAROLINA BANK 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 | 192,286,000 | 198,800,000 | 209,763,000 | 224,575,000 |
| Total loans | 143,374,000 | 149,891,000 | 155,937,000 | 172,575,000 |
| Allowance for loan losses | 1,904,000 | 1,942,000 | 2,023,000 | 2,150,000 |
| Securities available for sale | 22,001,000 | 24,896,000 | 26,454,000 | 20,536,000 |
| Securities held to maturity | 2,426,000 | 1,548,000 | 5,600,000 | 5,363,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,937,000 | 166,314,000 | 169,317,000 | 184,245,000 |
| Interest-bearing deposits | 142,989,000 | 148,172,000 | 149,415,000 | 161,482,000 |
| Noninterest-bearing deposits | 18,948,000 | 18,142,000 | 19,902,000 | 22,763,000 |
| Equity capital | 18,696,000 | 18,938,000 | 19,089,000 | 19,540,000 |
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 | 2,328,000 | 4,718,000 | 7,097,000 | 9,756,000 |
| Interest expense | 932,000 | 1,766,000 | 2,577,000 | 3,410,000 |
| Net interest income | 1,396,000 | 2,952,000 | 4,520,000 | 6,346,000 |
| Noninterest income | 371,000 | 611,000 | 1,018,000 | 1,301,000 |
| Noninterest expense | 1,195,000 | 2,431,000 | 3,778,000 | 5,107,000 |
| Provision for loan losses | 237,000 | 372,000 | 467,000 | 692,000 |
| Pretax income | 388,000 | 813,000 | 1,346,000 | 1,901,000 |
| Income tax | 119,000 | 262,000 | 453,000 | 634,000 |
| Net income | 269,000 | 551,000 | 893,000 | 1,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,445,000 | 18,728,000 | 19,070,000 | 19,477,000 |
| Total capital | 20,349,000 | 20,670,000 | 21,093,000 | 21,627,000 |
| Risk-weighted assets | 154,815,000 | 159,578,000 | 173,604,000 | 194,658,000 |