Call reports 2016
COASTAL CAROLINA NATIONAL BANK — 2016
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 176,374,000 | 190,791,000 | 193,298,000 | 286,120,000 |
| Total loans | 127,000,000 | 138,325,000 | 138,903,000 | 216,303,000 |
| Allowance for loan losses | 1,303,000 | 1,376,000 | 1,384,000 | 1,471,000 |
| Securities available for sale | 20,384,000 | 18,874,000 | 19,653,000 | 18,531,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,851,000 | 173,066,000 | 175,077,000 | 254,476,000 |
| Interest-bearing deposits | 140,509,000 | 151,445,000 | 154,437,000 | 219,885,000 |
| Noninterest-bearing deposits | 18,342,000 | 21,621,000 | 20,640,000 | 34,591,000 |
| Equity capital | 17,026,000 | 17,195,000 | 17,388,000 | 29,688,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,719,000 | 3,499,000 | 5,346,000 | 8,335,000 |
| Interest expense | 239,000 | 504,000 | 788,000 | 1,181,000 |
| Net interest income | 1,480,000 | 2,995,000 | 4,558,000 | 7,154,000 |
| Noninterest income | 281,000 | 589,000 | 909,000 | 1,276,000 |
| Noninterest expense | 1,518,000 | 3,096,000 | 4,751,000 | 6,902,000 |
| Provision for loan losses | 20,000 | 90,000 | 98,000 | 186,000 |
| Pretax income | 223,000 | 398,000 | 634,000 | 1,358,000 |
| Income tax | 75,000 | 152,000 | 232,000 | 415,000 |
| Net income | 148,000 | 246,000 | 402,000 | 943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,208,000 | 15,363,000 | 15,628,000 | 24,503,000 |
| Total capital | 16,511,000 | 16,739,000 | 17,012,000 | 25,974,000 |
| Risk-weighted assets | 125,697,000 | 135,840,000 | 137,729,000 | 219,123,000 |