Call reports 2019
AMERICAN BANK OF THE CAROLINAS — 2019
What AMERICAN BANK OF THE CAROLINAS reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Total assets | 27,562,000 | 39,892,000 | 44,062,000 |
| Total loans | 695,000 | 4,338,000 | 13,074,000 |
| Allowance for loan losses | 9,000 | 55,000 | 164,000 |
| Securities available for sale | 0 | 3,039,000 | 3,958,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 5,834,000 | 18,513,000 | 23,310,000 |
| Interest-bearing deposits | 5,089,000 | 13,681,000 | 17,113,000 |
| Noninterest-bearing deposits | 745,000 | 4,833,000 | 6,198,000 |
| Equity capital | 21,410,000 | 21,335,000 | 20,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Interest income | 111,000 | 315,000 | 576,000 |
| Interest expense | 6,000 | 56,000 | 121,000 |
| Net interest income | 105,000 | 259,000 | 455,000 |
| Noninterest income | 0 | 4,000 | 8,000 |
| Noninterest expense | 1,192,000 | 1,931,000 | 2,669,000 |
| Provision for loan losses | 9,000 | 55,000 | 164,000 |
| Pretax income | -1,096,000 | -1,723,000 | -2,370,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,096,000 | -1,723,000 | -2,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Tier 1 capital | 21,409,000 | 21,335,000 | 20,700,000 |
| Total capital | 21,418,000 | 21,390,000 | 20,864,000 |
| Risk-weighted assets | 6,323,000 | 11,615,000 | 20,167,000 |