Call reports 2001
SOUTH COAST COMMERCIAL BANK — 2001
What SOUTH COAST COMMERCIAL BANK 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 | 127,373,000 | 126,605,000 | 128,476,000 | 130,466,000 |
| Total loans | 100,974,000 | 100,895,000 | 103,694,000 | 103,690,000 |
| Allowance for loan losses | 1,220,000 | 1,224,000 | 1,257,000 | 1,285,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,997,000 | 3,997,000 | 3,997,000 | 3,994,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,597,000 | 112,749,000 | 114,434,000 | 116,107,000 |
| Interest-bearing deposits | 112,705,000 | 111,819,000 | 113,621,000 | 114,945,000 |
| Noninterest-bearing deposits | 892,000 | 930,000 | 813,000 | 1,162,000 |
| Equity capital | 12,596,000 | 12,868,000 | 13,135,000 | 13,394,000 |
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 | 3,235,000 | 6,267,000 | 9,133,000 | 12,084,000 |
| Interest expense | 1,697,000 | 3,308,000 | 4,791,000 | 6,154,000 |
| Net interest income | 1,538,000 | 2,959,000 | 4,342,000 | 5,930,000 |
| Noninterest income | 6,000 | 55,000 | 76,000 | 101,000 |
| Noninterest expense | 836,000 | 1,615,000 | 2,307,000 | 3,064,000 |
| Provision for loan losses | 2,000 | 6,000 | 38,000 | 66,000 |
| Pretax income | 706,000 | 1,393,000 | 2,073,000 | 2,901,000 |
| Income tax | 297,000 | 586,000 | 872,000 | 1,220,000 |
| Net income | 409,000 | 807,000 | 1,201,000 | 1,681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,596,000 | 12,868,000 | 13,135,000 | 13,394,000 |
| Total capital | 13,816,000 | 14,092,000 | 14,392,000 | 14,679,000 |
| Risk-weighted assets | 100,784,000 | 101,307,000 | 103,618,000 | 103,990,000 |