Call reports 2011
COASTAL CAROLINA NATIONAL BANK — 2011
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 75,687,000 | 83,276,000 | 91,342,000 | 93,597,000 |
| Total loans | 32,349,000 | 41,281,000 | 47,575,000 | 53,396,000 |
| Allowance for loan losses | 751,000 | 928,000 | 990,000 | 1,092,000 |
| Securities available for sale | 28,804,000 | 28,642,000 | 31,978,000 | 29,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,158,000 | 69,723,000 | 77,176,000 | 79,810,000 |
| Interest-bearing deposits | 58,963,000 | 65,552,000 | 72,296,000 | 74,958,000 |
| Noninterest-bearing deposits | 3,195,000 | 4,171,000 | 4,880,000 | 4,852,000 |
| Equity capital | 13,201,000 | 13,134,000 | 13,498,000 | 13,276,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 645,000 | 1,403,000 | 2,278,000 | 3,191,000 |
| Interest expense | 213,000 | 427,000 | 633,000 | 833,000 |
| Net interest income | 432,000 | 976,000 | 1,645,000 | 2,358,000 |
| Noninterest income | 17,000 | 35,000 | 65,000 | 103,000 |
| Noninterest expense | 910,000 | 1,783,000 | 2,617,000 | 3,367,000 |
| Provision for loan losses | 318,000 | 495,000 | 557,000 | 659,000 |
| Pretax income | -779,000 | -1,138,000 | -1,166,000 | -1,225,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -779,000 | -1,138,000 | -1,166,000 | -1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,308,000 | 13,146,000 | 13,167,000 | 13,135,000 |
| Total capital | 13,772,000 | 13,709,000 | 13,791,000 | 13,805,000 |
| Risk-weighted assets | 36,881,000 | 44,665,000 | 49,528,000 | 53,316,000 |