Call reports 2019
COASTAL CAROLINA NATIONAL BANK — 2019
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 395,428,000 | 432,609,000 | 435,151,000 | 445,289,000 |
| Total loans | 307,961,000 | 313,037,000 | 328,269,000 | 355,479,000 |
| Allowance for loan losses | 2,555,000 | 2,647,000 | 2,787,000 | 2,886,000 |
| Securities available for sale | 36,546,000 | 36,185,000 | 27,182,000 | 29,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,237,000 | 382,596,000 | 384,123,000 | 386,288,000 |
| Interest-bearing deposits | 299,336,000 | 313,358,000 | 324,100,000 | 332,465,000 |
| Noninterest-bearing deposits | 46,901,000 | 69,238,000 | 60,023,000 | 53,823,000 |
| Equity capital | 43,064,000 | 44,062,000 | 44,865,000 | 45,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,308,000 | 8,914,000 | 13,680,000 | 18,603,000 |
| Interest expense | 982,000 | 2,070,000 | 3,206,000 | 4,347,000 |
| Net interest income | 3,326,000 | 6,844,000 | 10,474,000 | 14,256,000 |
| Noninterest income | 407,000 | 898,000 | 1,367,000 | 1,947,000 |
| Noninterest expense | 2,944,000 | 5,975,000 | 8,886,000 | 11,771,000 |
| Provision for loan losses | 165,000 | 257,000 | 397,000 | 712,000 |
| Pretax income | 624,000 | 1,510,000 | 2,558,000 | 3,720,000 |
| Income tax | 125,000 | 318,000 | 550,000 | 800,000 |
| Net income | 499,000 | 1,192,000 | 2,008,000 | 2,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,863,000 | 39,769,000 | 40,509,000 | 41,431,000 |
| Total capital | 41,418,000 | 42,416,000 | 43,296,000 | 44,317,000 |
| Risk-weighted assets | 310,043,000 | 314,243,000 | 335,027,000 | 364,662,000 |