Call reports 2005
SOUTH COAST COMMERCIAL BANK — 2005
What SOUTH COAST COMMERCIAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Total assets | 147,723,000 | 147,517,000 | 164,571,000 |
| Total loans | 121,259,000 | 121,655,000 | 119,158,000 |
| Allowance for loan losses | 1,173,000 | 1,174,000 | 1,184,000 |
| Securities available for sale | 0 | 0 | 6,905,000 |
| Securities held to maturity | 4,516,000 | 4,509,000 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 130,424,000 | 129,649,000 | 127,738,000 |
| Interest-bearing deposits | 129,356,000 | 128,603,000 | 126,121,000 |
| Noninterest-bearing deposits | 1,068,000 | 1,045,000 | 1,617,000 |
| Equity capital | 16,903,000 | 17,428,000 | 36,186,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Interest income | 2,564,000 | 5,217,000 | 0 |
| Interest expense | 1,033,000 | 2,112,000 | 0 |
| Net interest income | 1,531,000 | 3,105,000 | 0 |
| Noninterest income | 3,000 | 4,000 | 0 |
| Noninterest expense | 892,000 | 1,673,000 | 0 |
| Provision for loan losses | -10,000 | -8,000 | 0 |
| Pretax income | 652,000 | 1,444,000 | 0 |
| Income tax | 23,000 | 51,000 | 0 |
| Net income | 629,000 | 1,393,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 |
|---|---|---|---|
| Tier 1 capital | 16,903,000 | 17,428,000 | 19,317,000 |
| Total capital | 18,076,000 | 18,602,000 | 20,501,000 |
| Risk-weighted assets | 126,676,000 | 127,286,000 | 125,425,000 |