Call reports 2021
AMERICAN BANK OF THE CAROLINAS — 2021
What AMERICAN BANK OF THE CAROLINAS reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 85,602,000 | 85,745,000 | 96,983,000 | 111,791,000 |
| Total loans | 48,164,000 | 50,311,000 | 58,294,000 | 65,298,000 |
| Allowance for loan losses | 510,000 | 576,000 | 727,000 | 817,000 |
| Securities available for sale | 14,799,000 | 15,736,000 | 17,110,000 | 21,020,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,703,000 | 66,896,000 | 78,407,000 | 93,522,000 |
| Interest-bearing deposits | 45,349,000 | 50,819,000 | 58,448,000 | 67,565,000 |
| Noninterest-bearing deposits | 21,354,000 | 16,076,000 | 19,960,000 | 25,957,000 |
| Equity capital | 18,780,000 | 18,674,000 | 18,443,000 | 18,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 693,000 | 1,420,000 | 2,338,000 | 3,199,000 |
| Interest expense | 18,000 | 40,000 | 64,000 | 91,000 |
| Net interest income | 675,000 | 1,380,000 | 2,274,000 | 3,108,000 |
| Noninterest income | 34,000 | 58,000 | 122,000 | 191,000 |
| Noninterest expense | 920,000 | 1,923,000 | 2,927,000 | 4,052,000 |
| Provision for loan losses | 37,000 | 103,000 | 254,000 | 345,000 |
| Pretax income | -248,000 | -588,000 | -785,000 | -1,098,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -248,000 | -588,000 | -785,000 | -1,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,885,000 | 18,631,000 | 18,519,000 | 18,290,000 |