Call reports 2018
COASTAL CAROLINA NATIONAL BANK — 2018
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 330,630,000 | 361,614,000 | 373,652,000 | 377,797,000 |
| Total loans | 263,984,000 | 277,991,000 | 282,833,000 | 289,264,000 |
| Allowance for loan losses | 2,144,000 | 2,240,000 | 2,275,000 | 2,390,000 |
| Securities available for sale | 21,090,000 | 22,781,000 | 21,725,000 | 21,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,788,000 | 305,342,000 | 324,199,000 | 328,357,000 |
| Interest-bearing deposits | 238,717,000 | 264,843,000 | 282,695,000 | 284,041,000 |
| Noninterest-bearing deposits | 37,071,000 | 40,499,000 | 41,504,000 | 44,316,000 |
| Equity capital | 40,601,000 | 41,066,000 | 41,506,000 | 42,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,498,000 | 7,265,000 | 11,317,000 | 15,637,000 |
| Interest expense | 551,000 | 1,225,000 | 2,061,000 | 2,986,000 |
| Net interest income | 2,947,000 | 6,040,000 | 9,256,000 | 12,651,000 |
| Noninterest income | 296,000 | 653,000 | 1,031,000 | 1,419,000 |
| Noninterest expense | 2,485,000 | 5,212,000 | 8,063,000 | 10,825,000 |
| Provision for loan losses | 189,000 | 282,000 | 317,000 | 462,000 |
| Pretax income | 569,000 | 1,199,000 | 1,907,000 | 2,783,000 |
| Income tax | 119,000 | 238,000 | 388,000 | 578,000 |
| Net income | 450,000 | 961,000 | 1,519,000 | 2,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,991,000 | 36,751,000 | 37,442,000 | 38,220,000 |
| Total capital | 38,135,000 | 38,991,000 | 39,718,000 | 40,610,000 |
| Risk-weighted assets | 258,060,000 | 271,826,000 | 276,374,000 | 283,760,000 |