Call reports 2023
COASTAL HERITAGE BANK — 2023
What COASTAL HERITAGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 950,808,000 | 968,095,000 | 977,693,000 | 987,708,000 |
| Total loans | 771,511,000 | 775,717,000 | 805,599,000 | 816,011,000 |
| Allowance for loan losses | 8,028,000 | 8,155,000 | 8,283,000 | 8,136,000 |
| Securities available for sale | 122,610,000 | 119,978,000 | 117,272,000 | 120,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 764,724,000 | 787,037,000 | 774,630,000 | 765,509,000 |
| Interest-bearing deposits | 591,412,000 | 610,115,000 | 599,583,000 | 600,302,000 |
| Noninterest-bearing deposits | 173,312,000 | 176,922,000 | 175,047,000 | 165,207,000 |
| Equity capital | 94,468,000 | 94,145,000 | 93,544,000 | 97,539,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,402,000 | 19,327,000 | 29,751,000 | 40,671,000 |
| Interest expense | 3,025,000 | 6,778,000 | 10,995,000 | 16,004,000 |
| Net interest income | 6,377,000 | 12,549,000 | 18,756,000 | 24,667,000 |
| Noninterest income | 524,000 | 1,221,000 | 1,821,000 | 1,960,000 |
| Noninterest expense | 5,800,000 | 11,517,000 | 17,293,000 | 22,869,000 |
| Provision for loan losses | 162,000 | 284,000 | 393,000 | 257,000 |
| Pretax income | 939,000 | 1,969,000 | 2,891,000 | 3,420,000 |
| Income tax | 222,000 | 471,000 | 669,000 | 403,000 |
| Net income | 717,000 | 1,498,000 | 2,222,000 | 3,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,421,000 | 102,342,000 | 103,204,000 | 104,136,000 |