Call reports 2023
AMERICAN BANK OF THE CAROLINAS — 2023
What AMERICAN BANK OF THE CAROLINAS reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 148,470,000 | 146,644,000 | 153,012,000 | 160,727,000 |
| Total loans | 96,251,000 | 96,002,000 | 99,211,000 | 106,406,000 |
| Allowance for loan losses | 969,000 | 985,000 | 1,023,000 | 1,090,000 |
| Securities available for sale | 29,577,000 | 27,579,000 | 26,654,000 | 27,956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,823,000 | 126,279,000 | 132,810,000 | 138,554,000 |
| Interest-bearing deposits | 99,187,000 | 95,164,000 | 104,206,000 | 108,671,000 |
| Noninterest-bearing deposits | 30,636,000 | 31,116,000 | 28,604,000 | 29,883,000 |
| Equity capital | 16,955,000 | 17,008,000 | 16,728,000 | 18,654,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,983,000 | 3,882,000 | 5,902,000 | 8,168,000 |
| Interest expense | 174,000 | 486,000 | 900,000 | 1,378,000 |
| Net interest income | 1,809,000 | 3,396,000 | 5,002,000 | 6,790,000 |
| Noninterest income | 91,000 | 198,000 | 293,000 | 389,000 |
| Noninterest expense | 1,147,000 | 2,401,000 | 3,621,000 | 4,749,000 |
| Provision for loan losses | 26,000 | 42,000 | 80,000 | 147,000 |
| Pretax income | 727,000 | 1,151,000 | 1,594,000 | 2,178,000 |
| Income tax | 35,000 | 57,000 | 79,000 | 125,000 |
| Net income | 692,000 | 1,094,000 | 1,515,000 | 2,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,287,000 | 20,769,000 | 21,268,000 | 21,835,000 |