Call reports 2001
U.S. TRUST COMPANY OF NORTH CAROLINA — 2001
What U.S. TRUST COMPANY OF NORTH CAROLINA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 80,063,000 | 81,632,000 | 80,950,000 | 110,187,000 |
| Total loans | 10,752,000 | 14,094,000 | 14,022,000 | 18,449,000 |
| Allowance for loan losses | 50,000 | 100,000 | 100,000 | 100,000 |
| Securities available for sale | 11,697,000 | 11,674,000 | 11,960,000 | 9,034,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,988,000 | 34,146,000 | 33,561,000 | 35,498,000 |
| Interest-bearing deposits | 31,934,000 | 33,515,000 | 33,492,000 | 35,191,000 |
| Noninterest-bearing deposits | 54,000 | 631,000 | 69,000 | 307,000 |
| Equity capital | 44,256,000 | 42,752,000 | 41,764,000 | 68,611,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 532,000 | 1,062,000 | 1,541,000 | 1,933,000 |
| Interest expense | 419,000 | 760,000 | 1,041,000 | 1,227,000 |
| Net interest income | 113,000 | 302,000 | 500,000 | 706,000 |
| Noninterest income | 3,970,000 | 7,756,000 | 11,604,000 | 15,393,000 |
| Noninterest expense | 5,381,000 | 11,327,000 | 16,720,000 | 22,497,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | -1,298,000 | -3,321,000 | -4,668,000 | -6,450,000 |
| Income tax | -249,000 | -767,000 | -1,018,000 | -1,417,000 |
| Net income | -1,049,000 | -2,554,000 | -3,650,000 | -5,033,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,268,000 | 7,434,000 | 7,009,000 | 8,443,000 |
| Total capital | 8,318,000 | 7,534,000 | 7,109,000 | 8,543,000 |
| Risk-weighted assets | 20,764,000 | 24,366,000 | 23,726,000 | 28,580,000 |