Call reports 2008
COASTAL HERITAGE BANK — 2008
What COASTAL HERITAGE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 160,012,000 | 156,298,000 | 157,706,000 | 163,325,000 |
| Total loans | 131,050,000 | 131,018,000 | 132,269,000 | 137,163,000 |
| Allowance for loan losses | 1,595,000 | 1,610,000 | 1,571,000 | 1,538,000 |
| Securities available for sale | 16,730,000 | 16,086,000 | 16,011,000 | 16,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,484,000 | 129,861,000 | 127,994,000 | 134,260,000 |
| Interest-bearing deposits | 122,480,000 | 118,352,000 | 116,050,000 | 123,833,000 |
| Noninterest-bearing deposits | 13,004,000 | 11,509,000 | 11,944,000 | 10,427,000 |
| Equity capital | 14,038,000 | 14,128,000 | 14,360,000 | 14,702,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,278,000 | 4,582,000 | 6,942,000 | 9,237,000 |
| Interest expense | 970,000 | 1,842,000 | 2,627,000 | 3,460,000 |
| Net interest income | 1,308,000 | 2,740,000 | 4,315,000 | 5,777,000 |
| Noninterest income | 126,000 | 288,000 | 476,000 | 634,000 |
| Noninterest expense | 1,215,000 | 2,447,000 | 3,731,000 | 5,087,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 260,000 |
| Pretax income | 204,000 | 551,000 | 1,017,000 | 1,066,000 |
| Income tax | 64,000 | 193,000 | 395,000 | 315,000 |
| Net income | 140,000 | 358,000 | 622,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,802,000 | 14,020,000 | 14,284,000 | 14,375,000 |
| Total capital | 15,186,000 | 15,389,000 | 15,664,000 | 15,808,000 |
| Risk-weighted assets | 110,419,000 | 109,243,000 | 110,213,000 | 114,492,000 |