Call reports 2018
NEW CENTURY BANK — 2018
What NEW CENTURY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 45,544,000 | 45,872,000 | 49,728,000 | 55,863,000 |
| Total loans | 39,256,000 | 38,728,000 | 43,558,000 | 48,636,000 |
| Allowance for loan losses | 671,000 | 704,000 | 722,000 | 697,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 172,000 | 160,000 | 149,000 | 138,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,688,000 | 39,117,000 | 38,523,000 | 47,394,000 |
| Interest-bearing deposits | 34,369,000 | 34,219,000 | 33,054,000 | 42,292,000 |
| Noninterest-bearing deposits | 4,319,000 | 4,898,000 | 5,469,000 | 5,102,000 |
| Equity capital | 5,089,000 | 4,968,000 | 5,291,000 | 5,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 834,000 | 1,712,000 | 2,614,000 | 3,592,000 |
| Interest expense | 104,000 | 220,000 | 341,000 | 525,000 |
| Net interest income | 730,000 | 1,492,000 | 2,273,000 | 3,067,000 |
| Noninterest income | 164,000 | 390,000 | 533,000 | 914,000 |
| Noninterest expense | 569,000 | 1,128,000 | 1,683,000 | 2,317,000 |
| Provision for loan losses | 33,000 | 66,000 | 99,000 | 160,000 |
| Pretax income | 292,000 | 688,000 | 1,024,000 | 1,504,000 |
| Income tax | 4,000 | 16,000 | 29,000 | 48,000 |
| Net income | 288,000 | 672,000 | 995,000 | 1,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,089,000 | 4,968,000 | 5,291,000 | 5,603,000 |
| Total capital | 5,515,000 | 5,410,000 | 5,771,000 | 6,100,000 |
| Risk-weighted assets | 33,877,000 | 35,100,000 | 38,215,000 | 39,639,000 |