Call reports 2004
SOUTH COAST COMMERCIAL BANK — 2004
What SOUTH COAST COMMERCIAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 139,965,000 | 140,025,000 | 145,506,000 | 146,513,000 |
| Total loans | 111,698,000 | 115,843,000 | 117,451,000 | 120,704,000 |
| Allowance for loan losses | 1,167,000 | 1,189,000 | 1,179,000 | 1,183,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,062,000 | 4,045,000 | 4,537,000 | 4,528,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,507,000 | 123,415,000 | 128,675,000 | 129,538,000 |
| Interest-bearing deposits | 121,625,000 | 121,708,000 | 125,515,000 | 127,992,000 |
| Noninterest-bearing deposits | 1,882,000 | 1,707,000 | 3,160,000 | 1,546,000 |
| Equity capital | 15,862,000 | 16,044,000 | 16,222,000 | 16,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,619,000 | 5,098,000 | 7,606,000 | 10,092,000 |
| Interest expense | 898,000 | 1,793,000 | 2,747,000 | 3,772,000 |
| Net interest income | 1,721,000 | 3,305,000 | 4,859,000 | 6,320,000 |
| Noninterest income | 3,000 | 5,000 | 8,000 | 3,000 |
| Noninterest expense | 892,000 | 1,759,000 | 2,605,000 | 3,364,000 |
| Provision for loan losses | -44,000 | -49,000 | -59,000 | -55,000 |
| Pretax income | 876,000 | 1,600,000 | 2,321,000 | 3,014,000 |
| Income tax | 31,000 | 56,000 | 81,000 | 106,000 |
| Net income | 845,000 | 1,544,000 | 2,240,000 | 2,908,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,862,000 | 16,044,000 | 16,222,000 | 16,508,000 |
| Total capital | 17,029,000 | 17,233,000 | 17,401,000 | 17,691,000 |
| Risk-weighted assets | 107,326,000 | 110,820,000 | 112,153,000 | 126,266,000 |