Call reports 2002
SOUTH COAST COMMERCIAL BANK — 2002
What SOUTH COAST COMMERCIAL BANK 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 | 128,091,000 | 130,080,000 | 131,679,000 | 133,635,000 |
| Total loans | 99,919,000 | 104,733,000 | 103,997,000 | 107,218,000 |
| Allowance for loan losses | 1,230,000 | 1,275,000 | 1,216,000 | 1,199,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,995,000 | 4,002,000 | 4,010,000 | 4,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,506,000 | 115,439,000 | 116,482,000 | 118,179,000 |
| Interest-bearing deposits | 112,179,000 | 114,644,000 | 115,226,000 | 116,957,000 |
| Noninterest-bearing deposits | 1,327,000 | 794,000 | 1,256,000 | 1,222,000 |
| Equity capital | 13,846,000 | 14,098,000 | 14,515,000 | 14,762,000 |
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 | 2,817,000 | 5,599,000 | 8,439,000 | 11,140,000 |
| Interest expense | 1,204,000 | 2,309,000 | 3,423,000 | 4,491,000 |
| Net interest income | 1,613,000 | 3,290,000 | 5,016,000 | 6,649,000 |
| Noninterest income | 43,000 | 90,000 | 163,000 | 265,000 |
| Noninterest expense | 787,000 | 1,588,000 | 2,398,000 | 3,254,000 |
| Provision for loan losses | -41,000 | 0 | -63,000 | -81,000 |
| Pretax income | 910,000 | 1,792,000 | 2,844,000 | 3,741,000 |
| Income tax | 32,000 | 63,000 | 100,000 | 131,000 |
| Net income | 878,000 | 1,729,000 | 2,744,000 | 3,610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,846,000 | 14,098,000 | 14,515,000 | 14,762,000 |
| Total capital | 15,076,000 | 15,373,000 | 15,731,000 | 15,961,000 |
| Risk-weighted assets | 100,721,000 | 104,603,000 | 103,417,000 | 106,948,000 |