Call reports 2019
NEW CENTURY BANK — 2019
What NEW CENTURY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 60,767,000 | 59,425,000 | 59,729,000 | 60,837,000 |
| Total loans | 50,988,000 | 52,006,000 | 50,887,000 | 53,146,000 |
| Allowance for loan losses | 708,000 | 772,000 | 826,000 | 864,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 127,000 | 116,000 | 107,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,077,000 | 51,889,000 | 52,249,000 | 53,207,000 |
| Interest-bearing deposits | 48,203,000 | 47,090,000 | 47,222,000 | 47,969,000 |
| Noninterest-bearing deposits | 4,874,000 | 4,799,000 | 5,027,000 | 5,238,000 |
| Equity capital | 5,794,000 | 5,665,000 | 5,608,000 | 5,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,006,000 | 2,077,000 | 3,178,000 | 4,242,000 |
| Interest expense | 245,000 | 516,000 | 795,000 | 1,070,000 |
| Net interest income | 761,000 | 1,561,000 | 2,383,000 | 3,172,000 |
| Noninterest income | 136,000 | 276,000 | 500,000 | 663,000 |
| Noninterest expense | 593,000 | 1,224,000 | 1,900,000 | 2,606,000 |
| Provision for loan losses | 75,000 | 150,000 | 199,000 | 235,000 |
| Pretax income | 229,000 | 502,000 | 826,000 | 1,037,000 |
| Income tax | 38,000 | 38,000 | 50,000 | 65,000 |
| Net income | 191,000 | 464,000 | 776,000 | 972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,794,000 | 5,665,000 | 5,608,000 | 5,804,000 |
| Total capital | 6,465,000 | 6,310,000 | 6,255,000 | 6,453,000 |
| Risk-weighted assets | 53,683,000 | 51,524,000 | 51,638,000 | 51,709,000 |