Call reports 2001
FIRST NATIONAL BANK OF THE CAROLINAS — 2001
What FIRST NATIONAL BANK OF THE CAROLINAS reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 47,207,000 | 46,523,000 | 47,633,000 | 51,181,000 |
| Total loans | 35,938,000 | 37,125,000 | 37,693,000 | 40,047,000 |
| Allowance for loan losses | 494,000 | 522,000 | 531,000 | 546,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,553,000 | 3,551,000 | 3,550,000 | 3,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,873,000 | 39,747,000 | 40,466,000 | 41,860,000 |
| Interest-bearing deposits | 33,353,000 | 33,200,000 | 33,537,000 | 33,117,000 |
| Noninterest-bearing deposits | 6,520,000 | 6,547,000 | 6,929,000 | 8,743,000 |
| Equity capital | 4,859,000 | 4,943,000 | 4,999,000 | 5,096,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 938,000 | 1,870,000 | 2,797,000 | 3,698,000 |
| Interest expense | 420,000 | 813,000 | 1,176,000 | 1,479,000 |
| Net interest income | 518,000 | 1,057,000 | 1,621,000 | 2,219,000 |
| Noninterest income | 113,000 | 245,000 | 365,000 | 514,000 |
| Noninterest expense | 573,000 | 1,100,000 | 1,673,000 | 2,240,000 |
| Provision for loan losses | 39,000 | 52,000 | 76,000 | 104,000 |
| Pretax income | 19,000 | 150,000 | 237,000 | 389,000 |
| Income tax | 7,000 | 54,000 | 85,000 | 140,000 |
| Net income | 12,000 | 96,000 | 152,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,851,000 | 4,938,000 | 4,998,000 | 5,096,000 |
| Total capital | 5,312,000 | 5,416,000 | 5,493,000 | 5,627,000 |
| Risk-weighted assets | 36,879,000 | 38,173,000 | 39,544,000 | 42,431,000 |