Call reports 2010
COASTAL CAROLINA NATIONAL BANK — 2010
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 62,566,000 | 62,516,000 | 65,926,000 | 71,017,000 |
| Total loans | 11,659,000 | 15,445,000 | 19,985,000 | 23,567,000 |
| Allowance for loan losses | 373,000 | 377,000 | 355,000 | 433,000 |
| Securities available for sale | 19,794,000 | 24,454,000 | 22,627,000 | 28,705,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,903,000 | 46,892,000 | 50,727,000 | 56,706,000 |
| Interest-bearing deposits | 45,885,000 | 45,510,000 | 48,939,000 | 54,367,000 |
| Noninterest-bearing deposits | 1,018,000 | 1,382,000 | 1,788,000 | 2,339,000 |
| Equity capital | 15,425,000 | 15,210,000 | 14,807,000 | 13,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 477,000 | 1,003,000 | 1,563,000 | 2,141,000 |
| Interest expense | 221,000 | 430,000 | 649,000 | 883,000 |
| Net interest income | 256,000 | 573,000 | 914,000 | 1,258,000 |
| Noninterest income | 6,000 | 18,000 | 39,000 | 52,000 |
| Noninterest expense | 742,000 | 1,558,000 | 2,369,000 | 3,176,000 |
| Provision for loan losses | 228,000 | 322,000 | 408,000 | 486,000 |
| Pretax income | -708,000 | -1,175,000 | -1,460,000 | -1,988,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -708,000 | -1,175,000 | -1,460,000 | -1,988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,476,000 | 15,034,000 | 14,764,000 | 14,033,000 |
| Total capital | 15,653,000 | 15,266,000 | 15,052,000 | 14,377,000 |
| Risk-weighted assets | 13,990,000 | 18,260,000 | 22,957,000 | 27,392,000 |