Call reports 2002
FIRST NATIONAL BANK OF THE CAROLINAS — 2002
What FIRST NATIONAL BANK OF THE CAROLINAS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 53,959,000 | 57,253,000 | 61,659,000 | 70,163,000 |
| Total loans | 42,806,000 | 46,738,000 | 50,391,000 | 51,751,000 |
| Allowance for loan losses | 567,000 | 615,000 | 599,000 | 576,000 |
| Securities available for sale | 1,780,000 | 3,175,000 | 3,669,000 | 5,546,000 |
| Securities held to maturity | 2,050,000 | 1,550,000 | 1,550,000 | 800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,296,000 | 48,242,000 | 52,382,000 | 59,370,000 |
| Interest-bearing deposits | 37,790,000 | 39,995,000 | 43,520,000 | 49,271,000 |
| Noninterest-bearing deposits | 8,506,000 | 8,247,000 | 8,862,000 | 10,099,000 |
| Equity capital | 5,174,000 | 5,353,000 | 5,533,000 | 5,689,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 891,000 | 1,844,000 | 2,853,000 | 3,880,000 |
| Interest expense | 272,000 | 530,000 | 802,000 | 1,079,000 |
| Net interest income | 619,000 | 1,314,000 | 2,051,000 | 2,801,000 |
| Noninterest income | 130,000 | 298,000 | 492,000 | 702,000 |
| Noninterest expense | 580,000 | 1,179,000 | 1,827,000 | 2,490,000 |
| Provision for loan losses | 28,000 | 74,000 | 131,000 | 186,000 |
| Pretax income | 141,000 | 359,000 | 585,000 | 827,000 |
| Income tax | 51,000 | 128,000 | 209,000 | 295,000 |
| Net income | 90,000 | 231,000 | 376,000 | 532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,186,000 | 5,327,000 | 5,472,000 | 5,628,000 |
| Total capital | 5,749,000 | 5,939,000 | 6,071,000 | 6,204,000 |
| Risk-weighted assets | 45,071,000 | 48,927,000 | 52,939,000 | 55,380,000 |