Call reports 2003
SOUTH COAST COMMERCIAL BANK — 2003
What SOUTH COAST COMMERCIAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 136,095,000 | 135,602,000 | 135,585,000 | 142,427,000 |
| Total loans | 106,320,000 | 105,856,000 | 108,327,000 | 115,621,000 |
| Allowance for loan losses | 1,174,000 | 1,163,000 | 1,180,000 | 1,211,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,011,000 | 4,012,000 | 4,009,000 | 4,005,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,245,000 | 119,523,000 | 119,171,000 | 126,243,000 |
| Interest-bearing deposits | 118,924,000 | 118,055,000 | 117,833,000 | 124,596,000 |
| Noninterest-bearing deposits | 1,321,000 | 1,468,000 | 1,338,000 | 1,648,000 |
| Equity capital | 15,185,000 | 15,375,000 | 15,691,000 | 15,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 2,677,000 | 5,288,000 | 7,826,000 | 10,453,000 |
| Interest expense | 987,000 | 1,933,000 | 2,810,000 | 3,711,000 |
| Net interest income | 1,690,000 | 3,355,000 | 5,016,000 | 6,742,000 |
| Noninterest income | 220,000 | 415,000 | 498,000 | 516,000 |
| Noninterest expense | 970,000 | 1,938,000 | 2,813,000 | 3,627,000 |
| Provision for loan losses | -26,000 | -36,000 | -29,000 | -4,000 |
| Pretax income | 966,000 | 1,868,000 | 2,730,000 | 3,635,000 |
| Income tax | 34,000 | 65,000 | 96,000 | 127,000 |
| Net income | 932,000 | 1,803,000 | 2,634,000 | 3,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,185,000 | 15,375,000 | 15,691,000 | 15,530,000 |
| Total capital | 16,359,000 | 16,538,000 | 16,871,000 | 16,741,000 |
| Risk-weighted assets | 105,530,000 | 105,561,000 | 105,700,000 | 109,892,000 |