Call reports 2021
COASTAL CAROLINA NATIONAL BANK — 2021
What COASTAL CAROLINA NATIONAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 652,965,000 | 706,425,000 | 733,626,000 | 757,802,000 |
| Total loans | 443,258,000 | 461,924,000 | 461,921,000 | 467,273,000 |
| Allowance for loan losses | 4,493,000 | 4,751,000 | 4,943,000 | 5,012,000 |
| Securities available for sale | 70,745,000 | 77,770,000 | 82,663,000 | 89,204,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 588,038,000 | 637,801,000 | 663,842,000 | 687,058,000 |
| Interest-bearing deposits | 486,608,000 | 515,526,000 | 529,452,000 | 561,206,000 |
| Noninterest-bearing deposits | 101,430,000 | 122,275,000 | 134,390,000 | 125,852,000 |
| Equity capital | 59,114,000 | 62,948,000 | 64,805,000 | 66,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,581,000 | 11,319,000 | 17,183,000 | 23,133,000 |
| Interest expense | 620,000 | 1,197,000 | 1,711,000 | 2,161,000 |
| Net interest income | 4,961,000 | 10,122,000 | 15,472,000 | 20,972,000 |
| Noninterest income | 1,270,000 | 2,755,000 | 4,010,000 | 4,997,000 |
| Noninterest expense | 4,092,000 | 8,367,000 | 12,511,000 | 16,820,000 |
| Provision for loan losses | 211,000 | 469,000 | 661,000 | 732,000 |
| Pretax income | 1,928,000 | 4,041,000 | 6,310,000 | 8,417,000 |
| Income tax | 400,000 | 840,000 | 1,328,000 | 1,615,000 |
| Net income | 1,528,000 | 3,201,000 | 4,982,000 | 6,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,350,000 | 56,562,000 | 58,378,000 | 60,216,000 |
| Total capital | 57,843,000 | 61,313,000 | 63,321,000 | 65,228,000 |
| Risk-weighted assets | 440,064,000 | 463,129,000 | 479,264,000 | 492,860,000 |