Call reports 2017
NEW CENTURY BANK — 2017
What NEW CENTURY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 43,702,000 | 43,624,000 | 44,906,000 | 44,282,000 |
| Total loans | 37,210,000 | 38,392,000 | 36,740,000 | 39,102,000 |
| Allowance for loan losses | 544,000 | 578,000 | 611,000 | 639,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 226,000 | 210,000 | 197,000 | 182,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,746,000 | 36,905,000 | 38,736,000 | 38,244,000 |
| Interest-bearing deposits | 33,461,000 | 32,800,000 | 34,300,000 | 33,408,000 |
| Noninterest-bearing deposits | 4,285,000 | 4,105,000 | 4,436,000 | 4,836,000 |
| Equity capital | 4,656,000 | 4,427,000 | 4,847,000 | 4,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 737,000 | 1,494,000 | 2,340,000 | 3,103,000 |
| Interest expense | 85,000 | 172,000 | 275,000 | 375,000 |
| Net interest income | 652,000 | 1,322,000 | 2,065,000 | 2,728,000 |
| Noninterest income | 178,000 | 341,000 | 651,000 | 756,000 |
| Noninterest expense | 529,000 | 1,058,000 | 1,644,000 | 2,213,000 |
| Provision for loan losses | 33,000 | 66,000 | 99,000 | 132,000 |
| Pretax income | 268,000 | 539,000 | 973,000 | 1,139,000 |
| Income tax | 23,000 | 37,000 | 51,000 | 64,000 |
| Net income | 245,000 | 502,000 | 922,000 | 1,075,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,656,000 | 4,427,000 | 4,847,000 | 4,801,000 |
| Total capital | 5,084,000 | 4,863,000 | 5,272,000 | 5,230,000 |
| Risk-weighted assets | 34,166,000 | 34,791,000 | 33,814,000 | 34,141,000 |