Call reports 2014
COASTAL CAROLINA NATIONAL BANK — 2014
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 127,542,000 | 134,725,000 | 134,002,000 | 148,082,000 |
| Total loans | 86,251,000 | 87,802,000 | 99,578,000 | 107,013,000 |
| Allowance for loan losses | 1,032,000 | 1,032,000 | 1,077,000 | 1,179,000 |
| Securities available for sale | 22,503,000 | 22,339,000 | 20,531,000 | 18,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,008,000 | 120,840,000 | 119,931,000 | 128,432,000 |
| Interest-bearing deposits | 103,318,000 | 109,444,000 | 107,649,000 | 115,625,000 |
| Noninterest-bearing deposits | 10,690,000 | 11,396,000 | 12,282,000 | 12,807,000 |
| Equity capital | 13,315,000 | 13,505,000 | 13,572,000 | 14,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,282,000 | 2,602,000 | 3,985,000 | 5,473,000 |
| Interest expense | 166,000 | 347,000 | 527,000 | 722,000 |
| Net interest income | 1,116,000 | 2,255,000 | 3,458,000 | 4,751,000 |
| Noninterest income | 110,000 | 267,000 | 405,000 | 577,000 |
| Noninterest expense | 1,202,000 | 2,438,000 | 3,674,000 | 4,977,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 147,000 |
| Pretax income | 24,000 | 84,000 | 166,000 | 247,000 |
| Income tax | 9,000 | 33,000 | 65,000 | -779,000 |
| Net income | 15,000 | 51,000 | 101,000 | 1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,410,000 | 13,450,000 | 13,503,000 | 13,826,000 |
| Total capital | 14,425,000 | 14,482,000 | 14,580,000 | 15,005,000 |
| Risk-weighted assets | 81,212,000 | 86,147,000 | 92,580,000 | 99,675,000 |