Call reports 2023
COASTAL BANK & TRUST — 2023
What COASTAL BANK & TRUST 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 | 206,186,000 | 217,761,000 | 212,836,000 | 217,262,000 |
| Total loans | 158,048,000 | 161,621,000 | 162,003,000 | 168,756,000 |
| Allowance for loan losses | 1,255,000 | 1,263,000 | 1,263,000 | 1,313,000 |
| Securities available for sale | 16,420,000 | 16,978,000 | 17,036,000 | 18,042,000 |
| Securities held to maturity | 6,068,000 | 5,917,000 | 5,753,000 | 5,616,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,627,000 | 195,713,000 | 190,973,000 | 193,336,000 |
| Interest-bearing deposits | 117,678,000 | 122,548,000 | 120,532,000 | 126,289,000 |
| Noninterest-bearing deposits | 66,949,000 | 73,165,000 | 70,441,000 | 67,047,000 |
| Equity capital | 20,667,000 | 21,097,000 | 21,057,000 | 22,627,000 |
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 | 2,280,000 | 4,905,000 | 7,603,000 | 10,471,000 |
| Interest expense | 232,000 | 645,000 | 1,092,000 | 1,640,000 |
| Net interest income | 2,048,000 | 4,260,000 | 6,511,000 | 8,831,000 |
| Noninterest income | 161,000 | 320,000 | 478,000 | 635,000 |
| Noninterest expense | 1,453,000 | 2,938,000 | 4,497,000 | 6,258,000 |
| Provision for loan losses | 24,000 | 32,000 | 32,000 | 82,000 |
| Pretax income | 732,000 | 1,615,000 | 2,465,000 | 3,134,000 |
| Income tax | 164,000 | 355,000 | 555,000 | 692,000 |
| Net income | 568,000 | 1,260,000 | 1,910,000 | 2,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,287,000 | 24,028,000 | 24,533,000 | 25,155,000 |