Call reports 2004
CAROLINA BANK — 2004
What CAROLINA BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 236,878,000 | 242,669,000 | 267,104,000 | 311,227,000 |
| Total loans | 185,994,000 | 194,141,000 | 208,652,000 | 223,470,000 |
| Allowance for loan losses | 2,316,000 | 2,436,000 | 2,628,000 | 2,808,000 |
| Securities available for sale | 21,301,000 | 25,870,000 | 32,868,000 | 41,679,000 |
| Securities held to maturity | 5,150,000 | 4,874,000 | 4,680,000 | 4,566,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,201,000 | 201,696,000 | 220,146,000 | 260,952,000 |
| Interest-bearing deposits | 176,343,000 | 179,532,000 | 198,538,000 | 239,612,000 |
| Noninterest-bearing deposits | 21,858,000 | 22,164,000 | 21,609,000 | 21,341,000 |
| Equity capital | 20,040,000 | 19,921,000 | 22,952,000 | 28,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,715,000 | 5,544,000 | 8,860,000 | 12,701,000 |
| Interest expense | 851,000 | 1,777,000 | 2,870,000 | 4,312,000 |
| Net interest income | 1,864,000 | 3,767,000 | 5,990,000 | 8,389,000 |
| Noninterest income | 296,000 | 647,000 | 932,000 | 1,254,000 |
| Noninterest expense | 1,419,000 | 2,981,000 | 4,518,000 | 6,209,000 |
| Provision for loan losses | 180,000 | 313,000 | 549,000 | 769,000 |
| Pretax income | 561,000 | 1,120,000 | 1,855,000 | 2,665,000 |
| Income tax | 181,000 | 369,000 | 628,000 | 905,000 |
| Net income | 380,000 | 751,000 | 1,227,000 | 1,760,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,857,000 | 20,228,000 | 22,837,000 | 28,370,000 |
| Total capital | 22,173,000 | 22,664,000 | 25,465,000 | 31,178,000 |
| Risk-weighted assets | 205,286,000 | 215,170,000 | 228,668,000 | 249,617,000 |