Call reports 2017
COASTAL CAROLINA NATIONAL BANK — 2017
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 299,252,000 | 314,173,000 | 319,919,000 | 326,348,000 |
| Total loans | 226,446,000 | 235,985,000 | 242,855,000 | 249,219,000 |
| Allowance for loan losses | 1,582,000 | 1,701,000 | 1,842,000 | 1,955,000 |
| Securities available for sale | 18,026,000 | 22,110,000 | 23,268,000 | 22,144,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,479,000 | 271,767,000 | 277,094,000 | 274,784,000 |
| Interest-bearing deposits | 231,135,000 | 231,831,000 | 237,159,000 | 239,839,000 |
| Noninterest-bearing deposits | 36,344,000 | 39,936,000 | 39,935,000 | 34,945,000 |
| Equity capital | 30,119,000 | 40,663,000 | 41,055,000 | 40,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,018,000 | 6,271,000 | 9,606,000 | 13,013,000 |
| Interest expense | 444,000 | 916,000 | 1,440,000 | 1,981,000 |
| Net interest income | 2,574,000 | 5,355,000 | 8,166,000 | 11,032,000 |
| Noninterest income | 335,000 | 698,000 | 1,103,000 | 1,507,000 |
| Noninterest expense | 2,280,000 | 4,604,000 | 6,973,000 | 9,522,000 |
| Provision for loan losses | 111,000 | 312,000 | 469,000 | 556,000 |
| Pretax income | 518,000 | 1,137,000 | 1,827,000 | 2,461,000 |
| Income tax | 173,000 | 376,000 | 608,000 | 1,797,000 |
| Net income | 345,000 | 761,000 | 1,219,000 | 664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,220,000 | 34,941,000 | 35,663,000 | 35,638,000 |
| Total capital | 25,802,000 | 36,642,000 | 37,505,000 | 37,593,000 |
| Risk-weighted assets | 230,434,000 | 237,448,000 | 243,567,000 | 250,281,000 |