Call reports 2015
NEW CENTURY BANK — 2015
What NEW CENTURY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 28,298,000 | 29,729,000 | 33,357,000 | 36,771,000 |
| Total loans | 23,508,000 | 26,360,000 | 28,009,000 | 31,524,000 |
| Allowance for loan losses | 348,000 | 348,000 | 358,000 | 370,000 |
| Securities available for sale | 429,000 | 0 | 0 | 0 |
| Securities held to maturity | 396,000 | 370,000 | 340,000 | 318,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,429,000 | 25,687,000 | 28,492,000 | 29,282,000 |
| Interest-bearing deposits | 20,490,000 | 21,507,000 | 24,260,000 | 24,849,000 |
| Noninterest-bearing deposits | 3,939,000 | 4,180,000 | 4,232,000 | 4,433,000 |
| Equity capital | 3,083,000 | 3,101,000 | 3,489,000 | 3,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 414,000 | 930,000 | 1,569,000 | 2,145,000 |
| Interest expense | 36,000 | 76,000 | 126,000 | 171,000 |
| Net interest income | 378,000 | 854,000 | 1,443,000 | 1,974,000 |
| Noninterest income | 77,000 | 241,000 | 513,000 | 656,000 |
| Noninterest expense | 424,000 | 896,000 | 1,348,000 | 1,847,000 |
| Provision for loan losses | 6,000 | 12,000 | 22,000 | 34,000 |
| Pretax income | 25,000 | 187,000 | 586,000 | 749,000 |
| Income tax | 2,000 | 7,000 | 17,000 | 23,000 |
| Net income | 23,000 | 180,000 | 569,000 | 726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,083,000 | 3,101,000 | 3,489,000 | 3,604,000 |
| Total capital | 3,399,000 | 3,449,000 | 3,844,000 | 3,974,000 |
| Risk-weighted assets | 25,309,000 | 29,432,000 | 28,453,000 | 30,005,000 |