Call reports 2024
COASTAL HERITAGE BANK — 2024
What COASTAL HERITAGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 984,565,000 | 985,426,000 | 989,294,000 | 964,596,000 |
| Total loans | 809,259,000 | 803,821,000 | 796,403,000 | 781,003,000 |
| Allowance for loan losses | 8,132,000 | 8,125,000 | 8,417,000 | 7,851,000 |
| Securities available for sale | 116,931,000 | 117,827,000 | 112,382,000 | 109,682,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 775,205,000 | 769,561,000 | 795,411,000 | 773,537,000 |
| Interest-bearing deposits | 612,175,000 | 603,170,000 | 627,322,000 | 616,441,000 |
| Noninterest-bearing deposits | 163,030,000 | 166,391,000 | 168,089,000 | 157,096,000 |
| Equity capital | 97,120,000 | 97,693,000 | 100,741,000 | 99,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,907,000 | 21,919,000 | 33,055,000 | 44,036,000 |
| Interest expense | 5,187,000 | 10,369,000 | 15,535,000 | 20,460,000 |
| Net interest income | 5,720,000 | 11,550,000 | 17,520,000 | 23,576,000 |
| Noninterest income | 631,000 | 1,182,000 | 1,871,000 | 2,430,000 |
| Noninterest expense | 5,912,000 | 11,849,000 | 17,615,000 | 24,499,000 |
| Provision for loan losses | 0 | 0 | 290,000 | -280,000 |
| Pretax income | 439,000 | 883,000 | 1,506,000 | 1,807,000 |
| Income tax | 70,000 | 151,000 | 287,000 | 384,000 |
| Net income | 369,000 | 732,000 | 1,219,000 | 1,423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,344,000 | 104,847,000 | 105,471,000 | 105,812,000 |